How do I add a recurring component?
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 employee's package.
Recurring components need to be added on company level before they can be added on employee level.
Step 1: Allocate and add the recurring component on the Payroll Components screen.
Navigate > Configuration > Payroll > Payroll Config > Payroll Components
Note! The Payroll Components screen stores a library of payslip actions a company requires on employee level. When the company is created, a standard set of components will automatically reflect, including legislative components. You are able to make the necessary changes based on the company’s requirements.
Note! The Payroll Components screen stores a library of payslip actions a company requires on employee level. When the company is created, a standard set of components will automatically reflect, including legislative components. You are able to make the necessary changes based on the company’s requirements.
Depending on the type of component being searched for when adding a new one, the system will specify whether it is a Recurring component in the "Payslip Actions" column.
Did You Know! The system offers components that can be used as both a Recurring and Once Off component.
Step 2: Once the required recurring components have been created, they can be linked to an employee on their Recurring Payroll Components screen or collectively on the Bulk Actions screen.
Option 1: The Recurring Payroll Components screen - add the required component under the relevant payslip section.
Navigate > Employee > Payroll Processing > Recurring Payroll Components
Option 2: The Bulk Action screen - This function allows employees to be linked to the specified recurring component in bulk.
Navigate > Bulk Actions
Navigate > Bulk Actions
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