How can I configure the system to calculate a component for a specific week within a month?
This feature is available on all PaySpace editions
To configure the system to calculate a component for a specific week within a month, enable the "only calculate this component in the selected runs of the month:" setting when editing the component on the General Ledger Parameters screen.
Navigate > Configuration > Payroll > Payroll Config > General Ledger Parameters
This field is only available in a weekly and fortnightly frequency.
By default, the system divides automatic monthly components, for example, Medical Aid, by the weeks in the month. If you want to define the number of weeks the component should be split by, it can be indicated here. For advised amounts processed on the Recurring Payroll Components screen, you can specify the weeks the amount should reflect on the employee’s record.
Related Articles
General Ledger | Maintaining a General Ledger Entry
Overview Once the General Ledger Entry has been created, you can return to the General Ledger Parameters Screen to make changes. Edition This feature is available on all PaySpace editions. Navigation Navigate > Config > Payroll > Payroll Config > ...
How do I restrict the number of weeks that a component can be split over?
This feature is available on all PaySpace edtions To restrict the number of weeks over which a component can be split, enable the "only calculate this component in the selected runs of the month:" setting when editing the component on the General ...
How do I configure a leave scheme parameter to accrue on each Fortnightly or Weekly Run?
This feature is available on all PaySpace editions When an employee accrues leave in a weekly or fortnightly run, the system makes use of the Basic Pay component to determine the hours worked for hours accrued. Example | accrue 1 hour for every 17 ...
General Ledger | Adding a General Ledger Entry
Overview Multiple general ledger entries where account numbers are specified per component can be created within the same frequency. This enables you to define different account numbers for the same component. Edition This feature is available on all ...
General Ledger | Splitting Fixed and Variable Costs
Integrating the Organisation structure in the GL Account Number Once the Advanced Organisation Structure has been enabled, employees can be linked to an organisation unit on the Position screen, which will affect their component's costing. Should an ...