GOSI ( Saudi local social insurance) & indemnity Calculation script to be used with HR front accounting
$30-250 USD
Paid on delivery
using front accounting HR additional menu to calculate the Social Insurance the formula will be like this :
1- local Employee ( Saudi) :
1.1 Employee Contribution : Saudi Employee will be contributing 10% of insured Salary ( Basic+Housing), deducted from his net Monthly Salary package.
1.2 Company Contribution : the company will contribute 11% of employee insured salary ( Basic +Housing) . Example salary 1000 SAR + plys housing 250 SAR = 1250 INSURCCE SALARY
GOSI Employee contribution will be 1250 X 10% = 125 SAR
GOSI Company Contribution will be 1250 X 11% = 137.5 SAR .
Total GOSI 262.5 SAR.
2. GOSI for Expat . Company will contribute 2% of insured Salary ( Basic +Housing) .
simple calculated form which can post result into GL accounts and HR Payroll
* must be part of the frontaccounting HR Module.
Project ID: #22025115
About the project
8 freelancers are bidding on average $395 for this job
--- FrontAccounting Expert ----------------- can update your formula to additional HR Module in frontAccounting PHP based software ----------------