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Question from rosevee on Mar 6 at 6:08 AM HI Experts
Please assist I need to create below wagetypes 1 is a deduction code and the other earnings code.
Deduction Code:
o The code is going to be a normal deduction code like
o It must accumulate the deductions made and show the balance deducted (previous balance + the deduction for that month)
o The accumulated balance can be reflected under YTD totals
o The accumulated totals must be linked to the Pay-out code under Earnings.
Earnings Code:
o Create a Non-Taxable Earnings code called Bonus Savings Pay-out
o When the Pay-out is made, it must reduce the Accumulated YTD total of the Deduction code.
o The amount of the Pay-out must be limited to what the employee has Accumulated. That means when we capture the Pay-out amount, the system must first check if there is money available.
o It may not go into negative.
This code is not required to be linked to any SARS code as they are derive from after Tax savings.
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