What are the risks of opening a previously closed run?
This applies to all PaySpace editions.
There is always a risk
associated with opening closed runs, as the system recalculated each time a run is re-opened, which may result in
employee financial data changing and affecting net payments already made as well as
the EMP201s if already declared and paid over to SARS.
To mitigate this risk extract the Payroll Reconciliation and Component Variance reports for the relevant run before the run is
opened. Thereafter extract the reports after closing the run and compare the two sets of reports to
ensure that no undesired changes have been processed on the applicable run.
If
any undesired changes have been identified process
the necessary adjustments to the run.
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