Overview of Company Payroll Components

Overview of Company Payroll Components

About

The Company Payroll Components Screen stores a library of payslip actions a company requires on employee level. This includes components that should calculate automatically every pay period as well as once off components.

Edition

This feature is available on all PaySpace editions.

Navigate > Config > Payroll > Payroll Config > Payroll Components

Overview

The Payslip Action Grid displays the company’s component profile within the specified payslip actions. Company Payroll Components are divided in six payslip actions, namely allowances, deductions, company contributions, fringe benefits, personal contributions and notes. When the company is registered on the system, Company Payroll Components will automatically reflect, including legislative components. You will be able to make the necessary changes based on the company’s requirements.

An extract of the Company Payroll Components Screen.



Important Comment

Components added per Frequency
Components are added per frequency. A component added in one frequency will not be visible in another frequency of the same company.

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