How do I configure a Non Taxable Recurring Bursary component?

How do I configure a Non Taxable Recurring Bursary component?

This feature is available on all PaySpace editions

The Non-Taxable Recurring Bursary component has to be configured on company level before it can be linked to an employee.

Step 1: Confirm the NQF Level of the bursary and add the relevant NQF level bursary component.

      Navigate > Configuration > Payroll Config > Payroll > Payroll Config > Payroll Components

      

      

Step 2: Add the component to the employee's Fringe Benefits section on their Edit Payslip or Recurring Payroll Components screens.

      Navigate > Employee > Payroll Processing > Edit Payslip > Fringe Benefit
       or
      Navigate > Employee > Payroll Processing > Recurring Payroll Components > Fringe Benefit