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Producing Payslips and Reports

Continuing on my last blog, of the important functions of the payroll administrator, I am going to touch on producing payslips and reports in this blog. The payroll administrator will be ready to pay the company’s employees once the payroll has been reconciled. The...

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Important Functions of a Payroll Administrator/Consultant

Reconciling the company payroll is one of the most important elements of the payroll administrator/consultant’s tasks. Reconciliation is necessary to ensure that all the information captured on the system was entered correctly and that all the costs and expenditure...

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Terminations (Part 2)

Last week I went over the various things the payroll administrator needs to obtain and check when someone resigns.    This week I am going to finish up with the process of what needs to be done when an employee is terminated. Final Tax Calculation – tax always needs...

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Terminations (Part 1)

When an employee leaves the employment of the company there are a number of duties the payroll administrator needs to perform. Obtaining a forwarding address for the employee: This is important as the payroll administrator may have to send the employee his/her tax...

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Changes to Transactions Which Would Affect Employees

I am going to go over the changes to various types of transactions on the individual’s payslip that could affect the employee. Changes in taxation. Changes in medical aid structures. Changes in pension or provident fund percentages or formulas. Changes to the UIF...

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Changes That Affect the Tax Calculation

There are various changes that affect the tax calculation – Age An employee’s age can affect the tax calculation.  Employees that are older than 65 but not older than 75 receive an additional rebate of R 7479.  Employees that are older than 75 receive a second...

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Changes to Employee Particulars

It is of the utmost importance that employee records in the payroll management system are kept up to date at all times.  The employee is expected to inform the payroll administrator of any changes to personal particulars, eg.  Change in address or name in the case of...

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The Company Policy

The company policy is an integral part of the payroll. It is advisable to provide employees with a copy of the company policies and procedures, and it is important that they sign an agreement, that they have seen and understand the rules and regulations as set out by...

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