How To Setup BIK Type.
The BIK (Benefit In Kind) is setup by following these steps;
- Launch the Payroll module and navigate to Payroll Settings
- Click on Payroll Settings and navigate to BIK Types.
Click on BIK Types and the prompt to Add a BIK Type is shown. - Input a name.
- Confirm if it is abbreviated.
- Add percentage of tax
- Click “Save” to save BIK.