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Saudi Arabia Payroll - Our client needs to send the Bank transfer file which includes Earning Eleme

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edited May 26, 2021 5:15AM in Payroll and Global Payroll Interface (GPI) 4 comments

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.

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