How do I process an employee's leave encashment after they have been terminated?

This feature is available on all PaySpace editions

Leave can be encashed on the payslip on the next open run.

      

Step 1: Create a payslip for the next open run (eg. August 2024).

      Navigate > Employee > Payroll Processing > Edit Payslip

      

Step 2: Process the Leave Pay component under the Allowances payslip section.

      Navigate > Employee > Payroll Processing > Edit Payslip > Allowances

      

Step 3:  Add the UIF Backpay & UIF Backpay Employer components to the Deductions and Company Contributions sections respectively with a negative value to reverse the UIF contributions.

      Navigate > Employee > Payroll Processing > Edit Payslip > Deductions

      

      Navigate > Employee > Payroll Processing > Edit Payslip > Company Contributions

      

Step 4: Create the Skills Development Levy Adjustment component on company level.

      Navigate > Config > Payroll > Payroll Config > Payroll Components

      

      

      

      

Step 5:  Add the Skills Development Levey Adjustment component to the Company Contributions section with a negative value to reverse the SDL contribution.

      Navigate > Employee > Payroll Processing > Edit Payslip > Company Contributions

      

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