NOTE:Set up a pension link before you follow these steps to set up your pension deductions.
On the menu bar, click Company/Payroll then click Deductions.
Click New, then set up the deduction as follows:
Title
Enter a name for the pension deduction. For example, Pensions or PRSA.
Type
Click Gross.
Sub-Type
Click Pension / RAC / PRSA, or Pension / RAC / PRSA / CWPS if available.
Pension
Click the relevant pension link.
CAUTION: Ensure the pension links are set up correctly for the deduction type. Avoid using DEM1 for sending information to your pension provider, as it contains demo data.
AVC
If the deduction is an additional voluntary contribution, select this check box.
Multiply by the number of holiday periods
Select this checkbox if the deduction applies to holidays. When you process an employee's time and pay, the value of a holiday deduction adjusts according to the number of holiday periods entered.
CAUTION:This option is only available in weekly and fortnightly payrolls.
Balance Type
Click Accumulate a balance.
Click Save.
Repeat steps 2 and 3 for any other pension deduction you want to set up, then click Close.