Can an EMP201 with a draft watermark be submitted to SARS?

Can an EMP201 with a draft watermark be submitted to SARS?

It is advised against submitting your payments to SARS with an EMP201 with a "DRAFT" watermark, as financial data may change due to recalculations in the open run, which will result in inaccurate payments being made to SARS.

      Related FAQ

    • Related Articles

    • How do I remove the draft watermark on an EMP201?

      This applies to all PaySpace editions. The 'DRAFT' watermark on the EMP201 indicates that it was generated while the run/period for which it was generated is still in an "Open" status. To remove the "DRAFT" watermark from the EMP201, edit and change ...

    • How do I remove the draft watermark on an IRP5?

      To remove the "DRAFT" watermark from an employee's IRP5, delete and regenerate the Live CSV File on the Tax Certificate Run screen. This should only be done if the Live File has not been submitted. Navigate > Reports > Tax Certificate Run Note! ...

    • Reports | EMP201

      Overview The EMP201 report is a monthly legislative report that can be generated, which the company can submit to SARS. Important! This report should be generated when payroll has been finalised and all the related run for the month in question has ...

    • Why do the figures on the EMP201 not match those displayed on the Payroll Reconciliation Report?

      This applies to all PaySpace editions. The reports may not balance back to one another, because the Payroll Reconciliation Report may have been generated prior to the run being closed, whereas the EMP201 was generated after the run was closed.

    • Reports | EMP201 Breakdown

      Overview The EMP201 Breakdown report is a monthly legislative report that provides a list of figures that comprise the EMP201 figures. Related Article Reports | EMP201 Edition PaySpace Edition This report is available on all payroll editions. ...