How do I create payroll components on company level, so that they are available for selection on employee payslips?

How do I create payroll components on company level, so that they are available for selection on employee payslips?

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.

Important! 
      Components are created per frequency.

      Navigate > Configuration > Payroll > Payroll Config > Payroll Components

      
      
Step 1: Search for and select the desired component from the library of available components. The search can be refined by sorting the information when selecting any of the column headings i.e. Component Details, Payslip Action or Code.


      

      

Step 2:  Capture the relevant component information (e.g. payslip name, income bases and/or other extra options) and select "Save". The component will be added to your frequency profile and can be viewed under the relevant payslip action. 

      
      
Note! 
An income base is a calculation that stipulates how the particular component will calculate. These components are usually used for purposes of components that have a particular calculation based on customer requirements.

    • Related Articles

    • How do I define an income base formula on a component?

      When adding a new component with an income base formula (defined income), the calculation can refer to various sources in the payroll for example, a specific component, the employee’s hourly rate or the employee’s package, to name a few. Besides ...
    • Payroll Components | Editing a Component

      Overview Payroll Components may be edited or reconfigured by selecting the "Edit" hyperlink on the right hand side of the applicable component, which will open a screen with numerous options. Edition This feature is available on all PaySpace ...
    • 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 ...
    • How do I configure the Company Sick Pay component?

      The Company Sick Pay component needs to be configured on company level before it can be added to employee profiles. Step 1: Search for and create the Company Sick Pay component. Navigate > Configuration > Payroll > Payroll Config > Payroll Components ...
    • Accessing and Downloading PDF Payslips

      Once the payroll has been processed and reconciled, payslips should be distributed to employees. This article clarifies how to payslips can be accessed and downloaded. Employees can access and download their payslips via ESS or Pacey. Should the ESS ...