How To Use Recurring BIK Wizard

How To Use Recurring BIK Wizard

STEP 1: Go to PAYROLL → UTILITY → RECURRING BIK WIZARD

 


STEP 2: Select the employee who is entitled to BIK. In this example, Carolyn



STEP 3: Select the year and the BIK item from the drop-down options. In this example, 'Gardener' for the year 2020.

STEP 4: Click on the [Next Step] button.



STEP 5 : Next, key in the annual amount of the BIK item selected earlier.

STEP 6 : Define the recurring months for this annual amount.

STEP 7 : Click on the [Next Step] button.



STEP 8: The wizard will automatically compute the monthly recurring BIK amount based on the annual amount entered earlier. Click on the [Next Step] button.

 STEP 9 : Finally, click on the [Confirm] button to complete the process.



STEP 10: Additionally, you may go to the Salary Entry screen and check the tax calculation of this employee to be sure that the monthly BIK amount has been populated accordingly.




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