Incomplete Month of Salary Calculator in Payroll HRMS Malaysia
Salary Calculator Malaysia for Payroll System
For each company, whether it is process by monthly, fortnightly, weekly salary, required a salary calculator method in order to process employee salary calculator. A salary calculator Malaysia helps by simplifying the progress of employee salary calculator even based on the laws under employment act in Malaysia.
It can be applied to all employee in a company whether it is a new enrolled employee or a long-term employee in a country.
iFLEXiHRMS Payroll system is a comprehensive payroll management software that allow any organizations can easily manage their employee salary calculator, accurate and efficient.
Before we moving on, find out more various kind of salary payment (for both complete and incomplete month) in Malaysia. Salary Calculator Malaysia for Payroll HRMS System
What is incomplete month of salary calculator Malaysia?
Incomplete month of salary calculator Malaysia occur when an employee failed to fully attend whole working days in a single month.
Let’s take an example for incomplete month, an employee didn’t able to attend his working days fully in a month. He only worked for 10 days in this month instead of 30 days. So the incomplete months of work occur in this situation and the incomplete working days are calculated which are 20.
Incomplete month of salary calculator in Payroll HRMS Malaysia
What caused employee to having an incomplete month of work?
It usually occurred while an employee taken an unpaid leave, absent with no reason, late in for work, early out for work etc.
Annual leave, medial leave and hospitalization leave shall not be a reason for causing incomplete month of salary calculator Malaysia as these leave are employee benefits which are allowing employee to absent from work for certain reasons.
Example for calculation for salary of incomplete month in Malaysia
Here we will provide a certain example for calculation of salary for incomplete month in HRMS Payroll Malaysia.
- Flexi is a part time worker, he has a salary of RM2,000 per month, however he takes 3 days’ unpaid leave during the month of January, how much will he get for his salary?
Flexi has RM2,000.00
Incomplete month of salary working day(s): 3days
January has 31 days (example for easy calculation, working days are required to subtract PH and Sunday)
Salary Deduction for incomplete month
= RM2,000 * 3 / 31
= RM193.55
Final Salary after deduction of incomplete month
= RM2,000 – RM193.55
= RM 1,806.45
Or alternatively, we can calculate as
Working days in this month
= 31 – 3
= 28
Salary Deduction of incomplete month
= RM2,000 * 28/31
= RM1,806.45
Flexi get a salary of RM1806.45 instead of RM2,000 for his salary after the deduction of incomplete month.
However, a full time worker gets a totally different story from part timer. In market practice, a full time worker working days are fixed at 26 whether it is January nor February.
- Flexi is a full time worker, he has a salary of RM2,000 per month, however he takes 3 days’ unpaid leave during the month of January, how much will he get for his salary?
Flexi has RM2,000.00
Incomplete month of salary working day(s): 3days
Full time worker working days per month: 26 days
Salary Deduction for incomplete month
= RM2,000 * 3 / 26
= RM230.77
Final Salary after deduction of incomplete month
= RM2,000 – RM230.77
= RM,769.23
Or alternatively, we can calculate as
Working days in this month
= 26 – 3
= 23
Salary Deduction of incomplete month
= RM2,000 * 23/36
= RM1,769.23
Flexi get a salary of RM1,769.23 instead of RM2,000 for his salary after the deduction of incomplete month.
iFlexiHRMS Calculate Incomplete month of salary calculator Malaysia
In iFlexiHRMS, you are not required to perform such fancy calculation methods for incomplete months of employee salary calculator Malaysia. iFlexiHRMS allow you to customize your own formula to fulfill whether it is divide by full working days (depends on day of month) or fixed 26 days.
These salary calculator Malaysia formulas are required to set once in the whole payroll calculation (as well as in the future for the same situation occur), time saving and reducing human error calculation issue and mistake.
After everything had been completed in the process, you just need to one click generate employee incomplete month of salary calculation in one click!
Furthermore, the above calculation is not final yet for calculation for salary for incomplete month in Malaysia. You have to perform EPF, SOCSO and EIS deduction as well!
Learn more about EPF Contribution Malaysia
Learn more about iFLEXiHRMS Payroll System towards Calculation of Salary for Incomplete Month of Work Malaysia
iFLEXiHRMS Payroll System allow you to one click process employee monthly salary calculation. It is a simple and easy payroll software system by allowing your company employee salary calculator Malaysia can be done easily and efficiency.
iFLEXiHRMS Payroll System free up your time from tedious and complex payroll calculations, preparation of pay slips and all statutory submissions. It built for your business, and grow with your business.
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