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Social Insurance Of Saudi Arabia - New GOSI Calculation

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edited Feb 6, 2022 11:39AM in Payroll and Global Payroll Interface (GPI) 1 comment

Hello Folks,

Summary:

The Government of Saudi Arabia did update its policy regarding the GOSI Calculation.

Content (required):

The New Policy:

  1. Update the Saned to become 0.0075 instead of 0.01
  2. Update the calculation to calculated based on the working days, for example: if an employee got hired in mid of the month then GOSI should calculate based on the number of working days.

The first point oracle send us the step for that, however, how we can make the social insurance calculate based on working days.

Note: please find attached The PDF Step for the first point.


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