---
title: "How to Setup Statutory for PHIC?"
description: "Statutory for PHIC"
url: https://helpdesk.aanyahr.com/tl/articles/343-how-to-setup-statutory-for-phic
collection: "How to Setup Statutory?"
updated: 2024-07-29
language: tl
alternates: [en]
---

# How to Setup Statutory for PHIC?

Statutory for PHIC

For instructions on how to setup Statutory for PHIC, please follow the steps outlined below.

1.  From the **Statutory Setup Table**, select **Create.**
    
    ![](https://staticfiles.gleap.io/ghelparticle/h9ard4vWXGYomIp4rjHRbz8zzrrD7RpPYHHIEmmJkDCiRPndYb6XfoVlTeQBa0ZCdRvNOWW9A27.png)
    
2.  Select **Statutory**, then select **PHIC** from the dropdown list.
    
    ![](https://staticfiles.gleap.io/ghelparticle/OwodHdKw0WaVPOuqlSys1B7ExYAyObvKF4iZDolGYklFTV5AIR5ykST7xmTm8Ey7543OvnOjjN3.png)![](https://staticfiles.gleap.io/ghelparticle/OvTtELGXEQd8JAYvXegZLKW6FBdcHSn5DOrPAJIwgIcqQwRmAXOHAOzwz20DJYCtfooF0F4canR.png)

3.  Fill out the needed details.
    
    ![](https://staticfiles.gleap.io/ghelparticle/X7oqnpHgdJc713UBAR7bTela254187qyWHZiNeP0VFcpMv2KjQmkPCFA1wpsk8sQnS5CbEXjxac.png)
    
    4\. Once you have entered all the necessary information, select a **Calculation Type** from the dropdown list.
    
    ![](https://staticfiles.gleap.io/ghelparticle/3RD6Flz7BTdfBqKj40ePbaFMu7FdneHRegVnsKgylbCU0zChi1xUeh1rhBFRfVaEKgE1w30zHh0.png)
    
    4-a. **Calculated - s**elect **Calculation Type** from the dropdown.
    
    ![](https://staticfiles.gleap.io/ghelparticle/jBYZCd8BHsKI0yC9EPhN3tkgJlbgGPqF2VZWDUc063YWKNLUWUjMivKcTfrflQKxU5wSXKMM6dB.png)

![](https://staticfiles.gleap.io/ghelparticle/sIrPi82fQsgmEwtmqU2NeBELvtUmuIXt5mWZRRPnUFxFeYSJ2zUCFwccM1G7sjDmYLKi8G9VOCw.png)

4-b. **Fixed**\- set a **Maximum Amount**.

![](https://staticfiles.gleap.io/ghelparticle/GBy73HRvmomPyFHCLSUceuLuYoEOJu0PXG5IlG6AtTXssVpIz2OVy01fMCfTK3q3kQ5Z36IdNPQ.png)

5\. Once you have entered all the necessary information, click **Save.**

![](https://staticfiles.gleap.io/ghelparticle/1JGn9ZQPCsvvwonIQPL7linCk8eHJVVqyMpQRXcPzSF3NKovyzA8MnNNJC09JJEmGh7AI5gNnRh.png)