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spay:hrmsprocguide:car_benefit_effective_october_2025 [2025/10/31 16:25]
mclement
spay:hrmsprocguide:car_benefit_effective_october_2025 [2025/10/31 17:51] (current)
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==============Car Benefit Adjustment in November 2025 Payroll=================== ==============Car Benefit Adjustment in November 2025 Payroll===================
-If you have applied the new car benefit values effective 01st October 2025 in July, August and September 2025. To correct this in November 2025 payroll, follow the steps below:+{{:spay:hrmsprocguide:car_benefit_costing4.png|}} 
 + 
 +If you have applied the new car benefit values effective 01st October 2025 in July, August and September 2025. To correct this in the November 2025 payroll, follow the steps below:
  *  Step 1: Calculate the Car Benefit Adjustment amount - refer to the below Excel illustration   *  Step 1: Calculate the Car Benefit Adjustment amount - refer to the below Excel illustration
  *  Step 2: In the Employee's Payments and Deductions, insert the Car Benefit Adjustment PD Code and amount   *  Step 2: In the Employee's Payments and Deductions, insert the Car Benefit Adjustment PD Code and amount
-{{:spay:hrmsprocguide:car_benefit_table1.png|}}+{{:spay:hrmsprocguide:car_benefit_table3.png|}}

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