There are several ways to update your employee's Benefit In Kind (BIK) setting. Please follow the steps below to update your employee's BIK:
Individual Employee Update
Go to the Payroll module, click on Modules.
Select Income Tax.
Select Recurring BIK Setup.
Select the employee and click New to enter a new BIK.
Select BIK Item ID, and enter Year, Start Period, and End Period.
Enter the Number of Sub Period Payment (you can enter as 12 or 24 if you are processing Bi-Monthly Payroll).
Click Calculate and Save.
Mass Update
In the Recurring BIK Setup, click the Mass Assign tab.
Select BIK Item ID, and enter Year, Start Period, and End Period.
Enter the Number of Sub Period Payment (you can enter as 12 or 24 if you are processing Bi-Monthly Payroll).
Click Calculate.
Move the employees over and click Confirm.
Duplicate or copy the BIK setting to the following year
In the Recurring BIK Setup, click the Mass Assign tab.
Enable the Duplicate Year and enter the year that you want to duplicate the setting from.
Move the employees over and click Confirm.
Update BIK in Pay Records on an ad-hoc basis
Go to the Payroll module and click Pay Records.
Double-click the employee and click BIK/ ESOS Entry.
Click the plus button and enter the BIK item ID and Amount.
Click Recalculate.