Good day I have an employer who started with a funeral plan for the employees only. Employees and employer will contribute, but not equal parts. The employees will be a normal deduction and employer's a fringe benefit? Can I create my own codes?
Good day I have an employer who started with a funeral plan for the employees only. Employees and employer will contribute, but not equal parts. The employees will be a normal deduction and employer's a fringe benefit? Can I create my own codes?
Good day
Thank you for the post.
Yes, you can create your own codes.
You can link the employee portion to template 8500, the fringe benefit to 6000 and the company contribution to 9300.
Kind Regards
Mbali
Thank you!!
That's an interesting setup with the funeral plan for employees and the employer contributing in different ways. Regarding creating your own codes, it sounds like a reasonable idea. Just make sure to clarify it with your employer or HR to ensure everything is aligned properly. By the way, on a slightly different note, have you ever searched for headstones near me? It's something I thought about while discussing the funeral plan.
*Community Hub is the new name for Sage City