Assign the Retirement Annuity fund to each employee so the system can calculate their employee and employer contributions. Once assigned, these contribution values update automatically in the employee’s pay run.
Add the Retirement Annuity fund to an employee
Select Employee from the menu.
Select the employee record, go to Retirement funds.
Select Add retirement fund.
Select the Retirement Annuity fund you created from the Retirement fund dropdown.
Enter the employee’s Start date.
Enter either:
the employee and employer percentage, or
the employee and employer amount,
depending on how you set up the fund
Select Save and close employee.
📎NOTE: The employee and employer benefit options will update automatically in the employee's pay run.