<div><strong>Advanced Payroll Components and Frequencies</strong></div>

A detailed illustration of payroll components, showing elements like tax calculations, allowances, and employee payments in a professional office setting.

Advanced Payroll Quiz

Test your knowledge on advanced payroll components and frequencies with our engaging quiz! Whether you're a payroll professional or just looking to learn more, this quiz is designed to challenge your understanding and improve your skills.

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10 Thought-Provoking Questions
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10 Questions2 MinutesCreated by CalculatingExpert42

A recovery rule is an option where you can select how a deduction component should be recovered if the employee does not have enough earnings to absorb the required deduction. On which screen is the recovery rule configured?

Edit Payslip Screen

Recurring Payroll Components

Company Settings

Payroll Components Screen

A Travel Allowance of R500.00 was processed on the Edit Payslip screen. Upon saving the Travel Allowance a value of R1000.00 reflects on the payslip. Select the correct reason.

The component amount was overwritten on the Bulk Actions screen.

A minimum value of R1000.00 was indicated on the Payroll Component screen.

Travel Allowance cannot be processed on the Edit Payslip screen.

A maximum value of R1000.00 was indicated on the Payroll Component screen.

A Housing Allowance amount was processed on the Edit Payslip screen. A Company Level user deactivated the component in the current open run. What will happen to the amount processed on the Edit Payslip screen?

The amount processed will still display.

The amount processed will be removed.

On which screen do we ensure the system will not enforce a Pre-defined Formula, but only the Income Base setup on this screen?

Company Settings

Basic Company Information

Define the Income Screen

Payroll Components Screen

When the above option is selected on the Leave Scheme Parameters screen, leave will automatically encash to this component.

True

False

When adding the component Automatic Bonus / Tax Spread the option to select if the Tax spread is applicable can only be configured on the Payroll Components screen.

True

False

When transferring employee's from one frequency to another it results in separate tax certificates.

True

False

Can a frequency be deleted once setup?

Yes, as long as it is not linked to any dependencies.

No, it can only be renamed to 'do not use'.

Each pay frequency would need to have a specific tax prefix number to ensure that the IRP5 CSV File does not override each time you upload a different frequency into e@syFile™ Employer.

True

False

Advanced Payroll Components and Frequencies

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