How do I add a retirement annuity deduction?

How do I add a retirement annuity deduction?

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This feature is available on all PaySpace editions

A Retirement Annuity component has to be created on company level, before it can be added to an employee/s.

      Navigate > Config > Payroll > Payroll Config > Payroll Components

Step 1: Search and add the Retirement Annuity Deduction component and select "Save".

      

      

      

Step 2: Add the component to the employee's Edit Payslip or Recurring Payroll Components screen.

      Navigate > Employee > Payroll Processing > Recurring Payroll Components