Understanding Deductions for Singapore
Global Payroll for Singapore is delivered with deductions to enable you take advantage of the flexibility of the Global Payroll rules to meet common processing requirements. For example, you can use the Leave Without Pay deduction element for an approved unpaid absence event occurring in the period.
Note: The User Key 2 on the Earnings Accumulators page and Deduction Accumulators page for all earnings and deductions is IRS VR BAL GRP (Balance Group ID). Use balance group IDs to maintain separate employee balances. Set an employee's balance group on JOB_DATA2.
In the following table, the first column combines the deductions name and description. A (gc) in the row indicates that the deduction has a generation control. A(po) indicates a post processing formula, (pr) indicates a pre processing formula. The other four columns indicate the deduction calculation rule of Unit × Rate, Unit × Rate × Percent, Amount.
Note: Two deductions—ESPP and LOAN PBCK—have a calculation rule of Base × % and the base is shown in the Unit column. The processing of some of the deductions codes are discussed in further detail in this topic.
|
Name and Description |
Unit (or Base) |
Rate |
% |
Amount |
|---|---|---|---|---|
|
SOCIAL CLUB Social Club (gc) |
5.00 |
|||
|
ESPP Employee Stock Purchase Plan (pr) |
ESPP BASE AMOUNT |
Payee Level |
||
|
LOAN PBCK Loan Payback (po) (gc) |
SGP GROSS |
10.00 |
||
|
LOAN REPAY Loan Repayment on Termination (gc) |
LOAN BALANCE |
|||
|
LWOP Leave Without Pay |
Payee Level |
DAILY RT |
||
|
PARK Parking |
20 |
|||
|
INSURANCE Insurance |
50 |
|||
|
Festive Advances Payback Deductions |
||||
|
CNY PBK Chinese New Year Payback (po) (gc) |
FAD AC ADV AMT |
100 |
||
|
DEEPAVALI PB Deepavali Advance Payback (po) (gc) |
FAD AC ADV AMT |
100 |
||
|
XMAS PBK Christmas Advance Payback (po) (gc) |
FAD AC ADV AMT |
100 |
||
|
HARI RAYA PB Hari Raya Advance Payback (po) (gc) |
FAD AC ADV AMT |
100 |
||
|
CPF Deductions |
||||
|
FWL Foreign Worker Levy (gc) |
CPF FM FWL CALC |
|||
|
MBMF Mosque Building Mendaki Fund (gc) |
CPF FM MBMF CALC |
|||
|
MBF Mosque Building Fund (gc) |
CPF FM MBF CALC |
|||
|
YMF Yayasan Mendaki Fund (gc) |
CPF FM YMF CALC |
|||
|
SINDA Singapore Indian Development Association (gc) |
CPF FM SINDA CALC |
|||
|
CDAC Chinese Development Assistance Council (gc) |
CPF FM CDAC CALC |
|||
|
ECF Eurasian Community Fund (gc) |
CPF FM ECF CALC |
|||
|
SHARE SHARE Programme Donations |
Payee Level |
|||
|
SDL Skills Development Levy |
CPF FM SDL CALC |
|||
|
CPF ORD ER Employer Ordinary CPF (gc) (pr) |
CPF FM ORD ER |
|||
|
CPF ORD EE Employee Ordinary CPF (gc) (pr) |
CPF FM ORD PAYEE |
|||
|
CPF ADD ER Employer Additional CPF (pr) (gc) |
CPF FM ADD ER |
|||
|
CPF ADD EE Employee Additional CPF (gc) (pr) |
CPF FM ADD PAYEE |
|||
|
CPF VOL ER Employer Voluntary CPF (pr) |
CPF FM VOL ER |
|||
|
CPF VOL EE Employee Voluntary CPF (pr) |
CPF FM VOL PAYEE |