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.
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