How to Enable ECOLA Computation

Modified on Sun, Sep 25, 2022 at 11:52 AM

How to Enable ECOLA Computation

Overview:

Private sector workers and employees in the National Capital Region receiving a basic daily wage rate of up to TWO HUNDRED NINETY (P290.00) PESOS per day shall receive an emergency cost of living allowance (ECOLA) in the amount of TWENTY (P= 20.00) PESOS per day.

Procedure:

1. To Setup ECOLA Computation, click QNE Logo > click Company Profile.‘

2. Under Daily Time Record > Click ECOLA Computation > Input ECOLA Amount per day.

NOTE: Other inclusion options (e.g. Include ECOLA in Statutory Contribution) may vary on company/user discretion.

For further concerns regarding this matter, please contact support to assist you or create ticket thru this link https://support.qne.com.ph

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