Results 1 to 7 of 7

Thread: WCC ROE - Reports: OID vs 12mth History

  1. #1
    Full Member VLW's Avatar
    Join Date
    Oct 2017
    Location
    East London
    Posts
    26
    Thanks
    4
    Thanked 0 Times in 0 Posts

    WCC ROE - Reports: OID vs 12mth History

    Hi - I've inherited payroll and related matters (not my skill set but I'm learning every day) and want to complete ROE. I pulled both the VIP OID Summary and 12 month history report to check that the Earnings match on both, but they don't. Does anyone know why this could be, and should I rather use the Earnings on the 12 month report as these are accurate..OID report seems to be missing some data? TIA

    Sent from my SM-A500FU using Tapatalk

  2. #2
    Gold Member
    Join Date
    Feb 2016
    Location
    Johannesburg
    Posts
    599
    Thanks
    47
    Thanked 173 Times in 154 Posts
    The IOD report should be less because for starters the income limit is R33,625.

    The 12 month history report will include all income and has no limits. Use the IOD report.

  3. #3
    Full Member VLW's Avatar
    Join Date
    Oct 2017
    Location
    East London
    Posts
    26
    Thanks
    4
    Thanked 0 Times in 0 Posts
    Thank you A, I appreciate it !!

    1 last question - are company perks, i.e. co portion of Provident Fund, also viewed as a staff earning?

    Sent from my SM-A500FU using Tapatalk

  4. #4
    Gold Member
    Join Date
    Feb 2016
    Location
    Johannesburg
    Posts
    599
    Thanks
    47
    Thanked 173 Times in 154 Posts
    No, fringe benefits in respect of employer contributions to medical aid, retirement annuities etc. These are source codes 3808 and 3810.
    Nor is overtime, source code 3607, reimbursive travel allowances (3702 and 3703), subsistence allowances (codes 3704, 3705, 3715 and 3716) and then fringe benefits in respect of employees medical expenses paid by the employer, source code 3813

  5. #5
    Junior Member
    Join Date
    Aug 2016
    Location
    Western Cape
    Posts
    17
    Thanks
    5
    Thanked 1 Time in 1 Post
    A, I have a quick question regarding overtime. I read in an article about a year ago that normal overtime should be included in the calculation of staff earnings.

  6. #6
    Gold Member
    Join Date
    Feb 2016
    Location
    Johannesburg
    Posts
    599
    Thanks
    47
    Thanked 173 Times in 154 Posts
    Unless it is regular you can exclude it.

    Have a look at page 9 of the gazette 40612_gon117.pdf

  7. #7
    Full Member VLW's Avatar
    Join Date
    Oct 2017
    Location
    East London
    Posts
    26
    Thanks
    4
    Thanked 0 Times in 0 Posts
    Quote Originally Posted by Andromeda View Post
    No, fringe benefits in respect of employer contributions to medical aid, retirement annuities etc. These are source codes 3808 and 3810.
    Nor is overtime, source code 3607, reimbursive travel allowances (3702 and 3703), subsistence allowances (codes 3704, 3705, 3715 and 3716) and then fringe benefits in respect of employees medical expenses paid by the employer, source code 3813
    I wish I had your brain right now. Thanks very much.

    Sent from my SM-A500FU using Tapatalk

Similar Threads

  1. [Opinion] History not to be taught in our schools
    By Butch Hannan in forum South African Politics Forum
    Replies: 31
    Last Post: 11-May-10, 05:53 PM
  2. History of a Steam Engine
    By daveob in forum General Chat Forum
    Replies: 2
    Last Post: 17-Dec-09, 09:06 PM
  3. [Article] CASE HISTORY
    By BBBEE_CompSpec in forum Labour Relations and Legislation Forum
    Replies: 0
    Last Post: 27-Nov-09, 10:31 PM
  4. IE7 history has gone missing???
    By Rudi in forum Technology Forum
    Replies: 5
    Last Post: 03-Mar-08, 02:59 PM
  5. History revealed.
    By Dave A in forum South African Politics Forum
    Replies: 0
    Last Post: 12-Oct-06, 12:57 PM

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
  •