The Payroll Components screen

The Payroll Components screen

Overview

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

Edition

This feature is available on all PaySpace editions.

Details

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.

The Payroll Components screen

      Navigate > Configuration > Payroll > Payroll Config > Payroll Components

      
      

Field explanations





Note!
      Statutory or automatic components cannot be edited.

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