Results 1 to 2 of 2

Thread: Codes to use for RA on Pastel Payroll

  1. #1
    Silver Member Christel's Avatar
    Join Date
    Feb 2012
    Location
    Port Elizabeth
    Posts
    328
    Thanks
    53
    Thanked 90 Times in 64 Posts

    Codes to use for RA on Pastel Payroll

    Hi there,
    Kindly let me know which codes should I use on pastel payroll for the following scenario:

    Employer pays the full RA contribution to the fund, but deducts 50% of the contribution from the employees' salary. The other 50% is a company contribution.

    Thanks.
    always fear when Christel is near....

  2. #2
    Bronze Member Beancounter's Avatar
    Join Date
    Oct 2011
    Location
    Pretoria
    Posts
    118
    Thanks
    19
    Thanked 29 Times in 24 Posts
    Transaction Code 7100 - RA Tax deductible: must be set to not affect payslip and to not print on payslip. Enter the transaction in the Deductions tab and the total RA amount against it.
    Transaction Code 6400 - RA benefit: Enter the transaction in the Benefits tab and the 50% contributed by the employer against it.
    Set-up a new deduction Transaction Code and link it to Transaction Template 8500 - Sundry deductions - Non-Tax Deductible. Use that to deduct the employee's 50%.

    Hope this helps!

Similar Threads

  1. Pastel Sale Codes
    By johanbester in forum Accounting Forum
    Replies: 2
    Last Post: 10-Mar-15, 11:52 AM
  2. [Question] Interim Bi-Annual Submission 201408 - error codes Quick Payroll
    By Alf in forum Accounting Forum
    Replies: 1
    Last Post: 10-Oct-14, 06:23 PM
  3. [Question] Guidance on Tax codes to use on pastel express
    By Tracyv33 in forum Accounting Forum
    Replies: 2
    Last Post: 26-Oct-13, 04:34 AM
  4. [Question] Changing GL Codes for Inventory in Pastel v11
    By steyn.annemarie@gmail.com in forum Accounting Forum
    Replies: 1
    Last Post: 17-Jul-13, 12:55 PM
  5. Replies: 2
    Last Post: 19-Jun-13, 11:42 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •