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Configuration - Payroll - AW/OW Opening

The AW/OW Opening Balance page is optional and intended for clients who have just started using JustLogin but do not wish to backdate and process payroll for previous months.

The system will treat the amounts entered here as the starting balances. These figures will be used to track the CPF contribution limits. Once an employee’s total OW or AW reaches the annual limit in future payruns, the system will automatically stop CPF deductions for the affected employee.

Please note that the values entered in the AW/OW Opening Balance page will not appear in any system reports. They are solely used for CPF calculation purposes. However, these amounts will be included in the IR8A form.

 

Step 1: Click on PAYROLL.png

Step 2: Select configuration.png 

Step 3: Click on payroll_2.png

Step 4: Click on aw_opening.png

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Step 5: Select the month you have run or about to run the first pay run on Justlogin. 

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Step 6: Enter the following information 

a. Last Yr Total OW Sub CPF ➜ Last year gross Ordinary wage

b. YTD OW Sub CPF ➜ Gross Ordinary Wages from 1 Jan up to the month before the As At date

c. YTD AW Sub CPF ➜ Gross Additional Wages from 1 Jan up to the month before the As At date

d. YTD Empyr CPF for OW ➜ Employer's CPF contribution for OW from 1 Jan up to the month before the As At date

e. YTD Empyee CPF for OW ➜ Employee's CPF contribution for OW from 1 Jan up to the month before the As At date

f. YTD Empyr CPF for AW ➜ Employer's CPF contribution for AW from 1 Jan up to the month before the As At date

g. YTD Empyee CPF for AW ➜ Employee's CPF contribution for AW from 1 Jan up to the month before the As At date

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