Components | The Payroll Components Screen

Components | The Payroll Components Screen

Overview

The Company Payroll Components screen stores a library of payslip actions a company requires on employee level. This includes automatic components (that will automatically populate/calculate on the Edit Payslip screen every period), and recurring and once-off components.

Edition

​This feature is available on all PaySpace payroll editions.
Navigate > Payroll > Payroll Config > Payroll Components 

Details

The components (existing and newly created) that are stored on this screen are divided amongst the six payslip actions:
  1. Allowances
  2. Deductions
  3. Company Contributions
  4. Fringe Benefits
  5. Personal Contributions
  6. Notes
When a company is created several predefined standard and legislative components will reflect on this screen. Users will be able to make the necessary changes based on a company’s requirements on the Payroll Components or General Ledger screens.




Important Comment

Components are added per frequency. A component added in one frequency will not be visible in another frequency of the same company.

    • Related Articles

    • Payroll Processing | Recurring Payroll Components

      A Recurring component refers to a regularly appearing component in an employee's payroll that is a part of the employee's regular compensation package. These components are calculated and included in each pay period, and are an essential part of an ...

    • Components | Gross Up Components

      Overview Gross up components allow you to process earnings that the employee should clear without any tax deductions. The goal is to remunerate an agreed net amount as opposed to an amount prior to the tax deduction. Since taxable income is taxed by ...

    • Components | The Types of Components in PaySpace

      Overview Components refer to the various payroll items that are added and displayed on the Recurring Payroll Components and Edit Payslip screens. This includes allowances, deductions, company contributions, fringe benefits, personal contributions and ...

    • What information is stored in the Notes payslip section?

      This feature is available on all PaySpace editions. Important totals are stored in the Notes payslip section by default e.g. PAYE, Taxable Regular Income, Total SDL, UIF, Tax, Travel/Company Car Taxable, UIF Income. This section can also be used to ...

    • How do I configure the system so that the employees' Notes components are displayed on the PDF payslip?

      This feature is available on all PaySpace editions. By default, the components listed under employees' Notes section are not displayed on their ESS Payslips screen or PDF payslip. To display the Notes payslip section accordingly, enable the "Show the ...