You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Pension computation daily conversion rates required

Summary:

Hello everyone , We had recently faced an issue in payroll where Bahrain pension was not computed for one employee . The reason was identified as daily conversion rates were not uploaded for BHD. I have below queries on this topic :

1. why there is a dependency on uploading the daily conversion rates for pension computation . The value of pension is in AED . Payroll currency for us is AED 2. Are the rates used in any computation

3. Payroll processing does not give any warning or error if the pension is not computed . How can we get this sorted as payroll team needs to know this so that they can take required action.

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!