Employer General

Add an Employer - General Information

1. Overview

The "General" screen is the first and most critical step when adding a new employer. This section captures the employer's fundamental identity, its operational status within your system, and its business classification.

2. General Information Fields

Complete the following fields to define the new employer.

Field Description
Name (Required) Enter the full legal name of the employer.
Code (Required) Enter a unique code to identify this employer in the system.
Status Select the current operational status of the employer. This helps manage verification and risk
Approved: The employer has been verified and is considered legitimate
Pending: The employer has been added but is awaiting verification
Pre-Approved: The employer is currently in the process of being verified
Suspended: There is a suspected problem with this employer; use with caution
Closed: The employer is no longer in business.
Deduction Closing Day Enter the numerical day of the month that the employer processes their payroll deductions (e.g., enter 25 for the 25th of the month).
Economic Sector Select the economic sector that best describes the employer's industry from the standard list provided.
Legal Entity Select the type of legal entity that applies to the employer from the standard list provided (e.g., Pty Ltd, Sole Proprietor).
Classification Select an employer classification from the drop-down list. This is a custom list managed by your Group System Administrator (GSA) to categorize employers according to your business rules. You can also setup affordability rules that you want to apply to specific employers.
 

3. Affordability Rules

To access the affordability rules that were configured on the employer classification, navigate to MAXMONEY > Employers > Search for an Existing Employer > Edit Employer and select the classification from the list.  The "Percentage of Salary available for Instalment " field will be populated with the value that was configured on the employer classification.

 4. Navigation

Button Action
Cancel Click this button to discard all entered information and exit the "Add New Employer" process.
Next Click this button to save the information on this screen and proceed to the next step of the employer setup .

MAXMONEY Developed by MYCOMAX MICROFINANCE SOLUTIONS. Novamesh 18/06/2026