Setting up NPS employer contributions

Prerequisites for setting up NPS employer contributions:
  • Enable the time entry feature
  • Select Payroll as a country configurable feature
Preconditions in Infor HR Talent for processing of NPS employer contributions:
  • Resource is assigned the Work Assignment that has the defined payment schedule
  • .
  • The payment schedule defines when the perquisite to included for the resource's payroll processing.
The processing of the NPS employer contributions includes these steps:
  • Create a Pay Code to which the NPS employer contribution amount is accounted. It will be used when creating the time record.
  • Create a corresponding time record.
  • Set time record to status of Ready For Interface.
  1. Select Administrator > Set Up > Structure > Organizations.
  2. Open the organization to configure.
  3. On the Configuration tab, select the check box for Time Entry.
  4. On the Country Configurable Fields tab, open India (IN).
  5. On the Configurable Fields tab, select the check box for Show Payroll.
  6. Click Save.
  7. To create the Pay Code, select Administrator > Set Up > Payroll > Pay Structure.
  8. On the Pay Codes tab, click Create, and specify this information:
    Effective Date
    Specify the effective date.
    Pay Code
    Specify a name for the pay code and a description.
    Active
    The Active check box should be selected.
    Calculation Type
    Select Do Not Calculate. Do not select the Projection check box.
  9. Click Save.
  10. To create the time record, select Time Administrator > Interface > Export Records > Time Records.
  11. Click Create, and specify this information:
    Employment ID
    Select the resource and click OK.
    Date
    Select the date.
    Pay Code
    Select the pay code for NPS Employer Contribution.
    Amount
    Specify the amount.
    Currency
    Specify the currency.
  12. Click Save.
    The time record is created with a status of Draft.
  13. To update the status of the time record to Ready For Interface, select Time Administrator > Interface > Export Records.
  14. On the Draft tab, right-click the time record for NPS Employer Contribution, and select Set To Ready For Interface.