CPF Is Wrong For Employee Last Day Is 31-Dec Or Retro Termination to Previous Year
(Doc ID 2252501.1)
Last updated on NOVEMBER 26, 2021
Applies to:PeopleSoft Enterprise HCM Global Payroll Singapore - Version 9.1 and later
Information in this document applies to any platform.
CPF calculated wrongly for employee whose last day was end of the year and have some payment on January of the following year.
Employee last day was 31-Dec-2015, his last payroll was Jan 2016 OR whenever you have a retro termination to previous year. CPF calculated wrongly. Included all the CPF ADD for previous year.
1. TER on 31-Dec-2015 after DEC 2015 has been finalized
2. RUN January payroll and put some Additional Wage
3. Verify CPF elements
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