Wiki source code of EMP 201 Process

Version 7.1 by Megan Kahl on 2021/09/16 08:21
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1 **DISCLAIMER**
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3 Please note, whilst care is taken to illustrate numerous scenarios, it is impossible to detail all instances and therefore this document should merely serve as a guide for the purposes of demonstrating system functionality and conducting employee training.
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5 In accordance with the above paragraph, this training manual is published and distributed on the basis that EBSphere (Pty) Ltd is not responsible/accountable for any actions taken by users of information contained in this training manual nor for any error in or omission from this manual.
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7 EBSphere (Pty) Ltd does not accept any responsibility whatsoever for a misrepresentation performed by any person in respect of claims, losses or damage or any other matter, either direct or consequential arising out of or in relation to the use and reliance, whether wholly or partially, upon any information contained or products referred to in this manual.
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9 Further, the contents of this training manual are subject to change without any notice and further highlight the need for this training manual to serve only as a guide.
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14 **COPYRIGHT**
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16 This documentation and the software described in it is the exclusive property of EBSphere (Pty) Ltd. This manual or the software may not be copied in whole or part, without the express written consent of EBSphere (Pty) Ltd. Under the law, copying includes translating into another language or format.
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18 EBSphere (Pty) Limited
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20 P.O. Box 785803
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22 Sandton
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24 2146
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28 [[image:EMP 201 Monthly Process_html_8cba33b1e8c9fa24.gif||height="96" width="344"]] [[image:EMP 201 Monthly Process_html_857ba1e075348553.png||height="13" width="656"]] //EMP 201 Monthly Process//
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30 Ensure that the relevant Parent has been selected.
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32 Go to the Accounts Menu and select “**Cash Flows**”.
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34 Cash Flows
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36 Double click on the __view__ hyperlink next to “**Member Tax Payable**”.
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38 [[image:EMP 201 Monthly Process_html_5a47086db9435d85.png||height="272" width="485"]]
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40 Tax records are generated by the Exit Workflow and the Monthly Pensioner Process. Once tax is received from SARS in the Exit Workflow or calculated as part of the Pensioner Process, the Everest system will automatically journalise the accrual. All accruals and tax adjustments in the month are accumulated in this screen.
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42 The write-up of the tax accrual is made to account (2000/44) so an extract of payments and accruals can be generated. The “**Parent Benefits Tax – Build Up**” report provides a comprehensive breakdown for the exit calculations and a consolidated total for the pensioner PAYE deducted.
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44 Unpaid Tax
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46 Select the relevant Accounting Date for which the member tax is payable by double clicking on the __view__ hyperlink. A list of members and amounts to which the total amount has been accrued is displayed. The “**Include**” option allows for several transactions to be included in the eft upload file. i.e., tick the “**Include**” option to select member tax payments to be consolidated.
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48 [[image:EMP 201 Monthly Process_html_a20716b417532013.png||height="145" width="636"]]
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51 [[image:EMP 201 Monthly Process_html_308759819ef9514a.png||height="83" width="636"]]
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53 Press the “**EFT**” button to proceed with the electronic transfer.
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55 Batch Editor
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57 [[image:EMP 201 Monthly Process_html_d2560bec911dfff8.png||height="455" width="561"]]
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59 Confirm that all details are recorded correctly. Remember the Effective Date is the actual date of transaction whilst Date 1 is the 1st day of the month in which the SARS transactions are applicable.
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61 **Important NOTE** the Effective Date can be changed but Date 1 **CANNOT** be changed.
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63 Press the “**Execute**” button.
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65 A communication document is generated reflecting the transaction and the amount is entered into the EFT Management System for transfer via the electronic banking.
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67 [[image:EMP 201 Monthly Process_html_af4d28856a93744e.png||height="756" width="636"]]

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