Quote Originally Posted by Christel View Post
A few things that we did clear out was that the incentive will not be treated as income, but rather be accounted for in the salary section on your accounting program, i.e. 4000 codes in Pastel. Basically like you would enter the diesel rebates from SARS, you would open an ETI account and post the incentives there so that in the end your salaries does not get affected, and all rebates can telly up to balance to your emp201 returns.
Any chance that could be translated into non-Pastel speak?

Debit the PAYE Liability account.
Credit a Salary Expense subaccount named ETI.

Does that sound right?