💵Financial Ecosystem & 📊 Payroll Compliance

HRPBloom’s payroll and finance engine is built to ensure compliance with Malaysia’s statutory frameworks, Islamic financial obligations, and emerging digital salary systems.

📊 Payroll & Finance Compliance

🧮 Calculations Engine

All payroll calculations are automated with built-in regulatory rules:

• EPF (KWSP):

  • Employee: 11%

  • Employer: 13% (or 12% depending on wage tier)

• SOCSO + EIS:

  • SOCSO: Based on wage category (Act 4, Act 800)

  • EIS: 0.2% each for employee & employer

• PCB (Potongan Cukai Bulanan):

  • Monthly tax deduction (CP38/CP39 forms)

  • Uses LHDN’s latest schedule and exemptions

• Zakat Deduction:

  • Auto-calculated by state-specific JAWHAR rules

  • Options for individual or employer matching

• Net Pay Generator:

  • Deducts all statutory and optional contributions

  • Computes final monthly salary

• Sharia Compliance:

  • Optional flag for halal net pay validation

  • Ensures payroll flow avoids riba-linked instruments

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📤 Automated Statutory Submissions

HRPBloom auto-generates and submits payroll-related documents:

• EPF (KWSP): e-Caruman compatible upload

• SOCSO & EIS: PERKESO upload and e-IS submission

• LHDN CP39: Employee income tax deductions

• Zakat: Transfers to state Majlis Agama Islam

• Tabung Haji: Contributions submitted via API (opt-in)

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🧰 Payroll Tools & Add-ons

• 📄 Digital Payslip Portal:

  • Web-based payslip viewer for employees

  • BM/English support, PDF export, and auto-emailing

• 🏦 Multi-Bank Salary Disbursement (FPX):

  • Supports major Malaysian banks

  • Batch transfers and scheduling

  • Auto-rollback on failure

• 🪙 Crypto Payroll (Beta):

  • Convert portion of salary into stablecoins

  • Ethereum + Binance Smart Chain supported

  • Auto tax/Zakat withholding still applies to fiat basis

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For audit compliance and legal references, all financial logs are encrypted and stored with audit trail features. HRPBloom is certified by LHDN and JAWHAR for calculation accuracy and submission protocol. Questions about payroll configuration? Contact [email protected]