How do I process a tax correction?

The Advised Income Tax component is used to correct taxes when payroll errors are made.

Note!

      Any tax corrections will be included in all tax columns on legislative reports.

The Advised Income Tax component would need to be configured on company level prior to linking the component on employee profiles.

   Step 1: Search for and create the Advised Income Tax component.

      Navigate > Configuration > Payroll > Payroll Config > Payroll Components

      

      

      

Note!

      A different payslip name may be specified as required by entering the new payslip name in the "Payslip name" field.

Step 2: Add the component to the Deductions section on the employee's Edit Payslip screen.

      Navigate > Employee > Payroll Processing > Edit Payslip > Deduction

      

Note!

      A negative amount may be processed to reduce the employees tax and a positive amount may be used to increase the employees tax.

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