Hi All,

Our company would like to implement the bursary/scholarship to our employees, they all earn less than 600 000 K per annum, some have Grade R to matric and some have University.

I know I have to put the codes 6164 and 6165 under benefits but this does not reduce the tax, do I have to set up these two transactions to affect payslip and what tax boxes must I tick when doing the set up?

We will pay the value of the bursary over to the schools.

Thank you in advance