The Payroll Components screen

The Payroll Components screen

The Company Payroll Components screen stores a library of payslip actions a company requires on employee level. This includes automatic components (that will automatically populate/calculate on the Edit Payslip screen every period), and recurring and once-off components.

The components (existing and newly created) that are stored on this screen are divided among the six payslip actions:
  1. Allowances
  2. Deductions
  3. Company Contributions
  4. Fringe Benefits
  5. Personal Contributions
  6. Notes
When a company is created several predefined standard and legislative components will reflect on this screen. Users will be able to make the necessary changes based on a company’s requirements on the Payroll Components or General Ledger screens.

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

      Navigate > Configuration > Payroll > Payroll Config > Payroll Components

      

Column explanations

period from - The current open run will display.

include inactive components - Select this checkbox on the right side of the page to display inactive components.

Component Name (mouse over for original description) - The original name will be displayed in this column, unless a different name has been specified when creating or editing a component. If so, the original name can be viewed when a mouse is hovered over the component name.

      

Tax Code - The predefined (i.e. system generated) tax code will be displayed in this column. It may be overwritten on the General Ledger Parameters screen. If so, it will reflect in red on the Payroll Components screen. The original tax code will be visible when you hover the mouse over the tax code. 

      

      Related FAQ

Important! It is not recommended to overwrite the tax code. If necessary, this should only be done when adding a new component.

Allow to be part of package - This column will reference a "Yes" or "No" code. A component can be configured to be a part of a package when creating or editing it.

      Related FAQ

Status - This column will reference an "Active" or "Inactive" code. A component can be made inactive when editing it.

      Related FAQ

Add New Occurrence - This column will have a "Add" hyperlink which can be selected to create a new component which will inherit the same tax code and formula as the parent (existing) component. Note! Components marked as "Statutory" or "Inactive" cannot be copied using this function.

      Related FAQ

Edit - Select this hyperlink to edit/configure a component's parameters.


      

Delete - Select this hyperlink to delete a component. Note! Once components are linked on employee level, they cannot be deleted on company level. However, they can be made inactive.

PaySpace Edition
      This feature is available on all PaySpace editions.

    • Related Articles

    • Payroll Processing | Recurring Payroll Components

      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 ...
    • What information is stored in the Notes payslip section?

      Important totals are stored in the Notes payslip section by default e.g. PAYE, Taxable Regular Income, Total SDL, UIF, Tax, Travel/Company Car Taxable, UIF Income. This section can also be used to calculate, store and/or display any components that ...
    • The Types of Components in PaySpace

      Components refer to the various payroll items that are added and displayed on the Recurring Payroll Components and Edit Payslip screens. This includes allowances, deductions, company contributions, fringe benefits, personal contributions and notes. ...
    • How do I create the Medical Aid components, so that they are available for selection on employee payslips?

      Once the Medical Aid Scheme has been setup, the corresponding company contribution and employee deduction components have to be created on company level, before an employee can be linked to a Medical Aid scheme accordingly. Related FAQs How do I ...
    • How do I set up the provident fund components?

      Once the Provident fund has been created, the corresponding employee deduction and company contribution components have to be set up on company level before linking them to employees. Step 1: Search for & create the employee deduction and company ...