Why does the EMP201 not balance with the totals displayed on the Payroll Reconciliation report?
This applies to all PaySpace editions.
The EMP201 may not balance with the totals reflected on the Payroll Reconciliation report, because it may have been
generated prior to the run being closed. While the EMP201 was generated after
the run was closed.
Another reason, is that the Payroll Reconciliation report was generated per frequency and was then consolidated to balance to the EMP201.
Note!
The system also allows users to generate a Consolidated Payroll Reconciliation report.
Navigate > Reports > Reports > Nextgen > Payroll
Related Articles
Why do the figures on the EMP201 not match those displayed on the Payroll Reconciliation Report?
This applies to all PaySpace editions. The reports may not balance back to one another, because the Payroll Reconciliation Report may have been generated prior to the run being closed, whereas the EMP201 was generated after the run was closed.
How do I open a closed run?
This feature is available on all PaySpace editions. Closed runs can be opened on the Payslip Pay Dates screen. Navigate > Payroll Cycle > Payslip Pay Dates > Closed Runs Closed runs must be opened sequentially and closed sequentially. Example : ...
Reports | Payroll Reconciliation
Overview The Payroll Reconciliation report provides current or Month To Date (MTD) figures of all components reflected on all employee's payslips. This report is typically used for reconciliation purposes. Edition This feature is available on Lite, ...
Reports | Leave Balances
Overview The Leave Balances report provides a list of all employees' leave balances for a selected period, i.e. their opening and closing balances, accrual days, days taken or adjusted, as well as the value of the employees’ leave. Edition PaySpace ...
Reports | EMP201
Overview The EMP201 report is a monthly legislative report that can be generated, which the company can submit to SARS. Important! This report should be generated when payroll has been finalised and all the related run for the month in question has ...