Saudi Arabia Payroll - Our client needs to send the Bank transfer file which includes Earning Eleme
Summary
Saudi Arabia - Government Central Bank regulatory system checks the bank transfer file which having earing - Deductions = total net salary.Content
Saudi Arabia - Government Central Bank regulatory system checks the bank transfer file which having earing - Deductions = total net salary.
Earning Elements include Basic Salary, Housing Allowance, Other Earnings, Mobile Allowance, Overtime Hours etc
Deduction Elements include Housing Deduction, Social Insurance etc
Net Pay = Earnings - Deductions
This file is sent to the Bank .
The issue we are currently facing is that the run results for the above mentioned Earning and Deduction elements are in 2 decimal places and the client due to the legislative requirement needs it in integer values.