The Scheduler Creates Standing instructions to pay/recover pre-defined amounts from all/Set of Employees
A standing Instruction is an instruction or advice that remains in effect for a specific period. It applies until it is cancelled/closed/revoked by the person or system issuing the instruction.
Examples where we use the Standing instructions:
- Salary payment – pay a specific amount in the salary for some particular months.
- Salary deductions
- Loan instalments
You can set up a scheduler so that the system automatically executes the instructions.
Note: When creating the salary component, you must ensure that the“Is Scheduled Pay?” box is checked under SettingsàSalary Components.
