Recurring Components refer to the payroll items that should calculate automatically every pay period on the employee’s payslip. It contains all fixed financial information relating to the employee’s pay structure. Examples include Medical Aid, Provident Fund and Travel Allowance. Legislative components, such as Tax, UIF and SDL will automatically be added to the Employee Recurring Payroll Components Screen.
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NextGen or Classic
The Classic version is the name given to the previous look and feel of the system. Important to note, both NextGen and Classic point to the same database. No data migration is therefore applicable.
This article covers The Employee Recurring Components Screen for the Classic version of the system.
About Recurring components refer to the payroll items that should calculate automatically every pay period. It contains all fixed financial information relating to the employee’s pay structure. Examples include Medical Aid, Provident Fund and ...
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. Please note: Click on ...
A Recurring component refers to a regularly appearing component in an employee's payroll that is a part of the employee's regular compensation package. These components are calculated and included in each pay period, and are an essential part of an ...
About Gross Up Components allow you to process earnings that the employee should clear without any tax deductions. The goal is to remunerate an agreed net amount as opposed to an amount prior to statutory deductions. Since taxable income is taxed by ...
About The Employee Payslip Screen contains all Statutory components, recurring components, payroll totals and net pay. Components that are only relevant to the current pay period, should be processed on the Employee Payslip Screen. All component ...