How do I remove an income base that has been setup for a component?

This feature is available on all PaySpace editions

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 including source types, you can also advise an amount in the calculation.

To remove a component's defined income, change the number captured in the "how many sources make up this defined income ?" field to 0  and select the "create lines" and "update accumulation" buttons respectively.

      Navigate > Configuration > Payroll > Payroll Config > Payroll Components

      

      

      

Alternatively, a delete button has been added to the income accumulation option, and by doing so it will remove the income base and revert back to the system's predefined income base.

      

      

Note! Deleting a component's income accumulation option will not be tracked on the audit trail window.

• Related Articles

• Components | Income Base Formulas

  Overview Any pre-defined formula containing the words: Comp Income Base, requires an income base formula to be specified for the component to calculate. This article explores how to define an income base that is applied in the pre-defined formula: ...

• Components | The Sub-Code Function: A Flexible Income Base

  About When an income base has been configured to allow for sub-code functionality the Compliance team ensures that the correct tax codes are by default included in the income base. This is normally used on note components to support statutory ...

• How do I override an Income Base for duplicate components with different calculations?

  The "override formula" link allows companies to have multiple instances a component with the same base component to follow its own calculation and not impact the remaining components. If the income base is edited using the "income base required for ...

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

  This feature is available on all PaySpace editions 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 ...

• How do I resolve the run error: "Income base required for component"?

  This applies to all PaySpace editions. The run error "Income base required for component" will display when the income base for the referenced component has not been configured. Navigate > Configuration > Payroll > Payroll Config > Payroll Components ...