South Africa: COIDA Income Take-On
If the company is using a take-on run to import Year To Date figures onto PaySpace, it is important that the COIDA Income New note component is completed on the employee's Take On Year To Date Figures screen.
The COIDA reports rely on information provided on the COIDA Income New note component and this will ensure that the Year To Date COIDA figures populate in the take-on month.
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South Africa | How Is The COIDA Income Note Component Calculated?
The COIDA Income New note component and COIDA company contribution have been changed to a Year To Date Averaging calculation. Calculation: Take the Year To Date COIDA Income and compare this value to the COIDA limit / 12 *** X company periods worked. ...South Africa | Can I Amend ETI Payslip Values Via The ETI Take On Screen?
Yes. ETI values, that are system generated on the payslip, can be amended via the Bulk Actions > ETI Take On screen. Note: All data processed in the columns will override what is on the payslip, except the "monthly calculated ETI" column. The data in ...South Africa: Transfers using Statutory override for COIDA reporting
Employee Transfers Employees can be transferred between different frequencies in the same company and between different companies in the same company group. Navigate to the employee > On / Off Boarding > Transfer When an employee is transferred ...When should a Year-to-Date (YTD) take-on be processed?
This feature is available on all PaySpace editions A Year-to-Date (YTD) take-on is typically processed when transitioning from one system to another during a tax year. In South Africa, this is crucial for ensuring compliance with the South African ...What is the COIDA Reference Number on an employee's Basic Profile screen used for?
An employee COIDA Reference Number is a unique identification number that is assigned to an employee when a claim is made for compensation under the Compensation for Occupational Injuries and Diseases Act (COIDA) in South Africa. The number is used ...