Canada | How do I setup the Registered Retirement Savings Plan (RRSP) components on employee level?
After setting up the Registered Retirement Savings Plan on company level and creating the relevant components, the components can be added to the Deductions and Fringe Benefits payslip sections of the employee's Recurring Payroll Components screen.
Navigate > Employee > Payroll Processing > Recurring Payroll Components > Deductions > +
Navigate > Employee > Payroll Processing > Recurring Payroll Components > Fringe Benefits > +
The components will be displayed on the Employee's Edit Payslip screen accordingly.
Related FAQ
Related Articles
Canada | How do I setup the Registered Retirement Savings Plan (RRSP) components on company level?
Once a Registered Retirement Savings Plan has been created, the corresponding employee deduction and fringe benefit components have to be set up on company level before linking the components to employees. Step 1: Search for the employee deduction or ...Canada | How do I create a Registered Retirement Savings Plan (RRSP) on company level?
The Registered Retirement Savings Plans have to be created on company level before it can be linked to Employees. Navigate > Config > Basic Settings > Dropdown Management > Component Tables Configuration > Registered Retirement Savings Plan > + Fill ...Leave / Vacation Plan Parameters
The Leave/Vacation Plan Parameters are important for configuring how vacation and other types of leaves will be managed in a company's system. These parameters define the rules and policies that govern the accrual, granting, and payment of vacation. ...Vacation/Leave Plan Setup
Here the type of leave and vacation plan that will be used by the system will be configured. Company Setup > Human Resources > Leave/Vacation Administration > Leave/Vacation Plan Setup 1. Name: Description: Name of the leave scheme (or type of leave) ...Canada | How do I set up Workers' Compensation (WCB) on company level?
Workers' Compensation in Canada is a provincial insurance scheme that provides employees with income if they experience injury or illness at work while performing valid employment tasks. Each province operates its own Workers' Compensation Board ...