- Select a company from the companies list.
- Hover over ‘Employees’ then click ‘Payroll Settings’.
- Then click the ‘Payment Codes’ tab.
- Scroll to the bottom of the page and click ‘Add New’.
- Fill out the details for the new payment code and then click ‘Save’ on the right.
Table Key
*Code – This is the name of the payment code.
*Description – This is the description of the payment code.
*Sequence – This is the order which will appear on the payslip. The lower the number the higher the code will show on the payslip. This needs to be a unique number.
*BeforeTax – This is whether this is used in the calculation before or after PAYE is calculated, if this is set to ‘Yes’ then an income will increase the taxable pay and a deduction will reduce the taxable pay.
*BeforeNI – This is whether this is used in the calculation before or after NI is calculated, if this is set to ‘Yes’ then an income will increase the NIable pay and a deduction will reduce the NIable pay.
*BeforePension – This is whether this is used in the calculation before or after the pension is calculated, if this is set to ‘Yes’ then income will increase the pensionable pay and a deduction will reduce the pensionable pay.
*PayslipColumn – This is if the payment code is an earnings or a deduction, this will affect which side of the payslip it will show on.
*Pension – Set as ‘Yes’ if the payment code is required to create a new pension scheme.
*Regular – If ‘Yes’ it will allow you to use the payment code as a regular payment.
*Variable – If ‘Yes’ you can use this payment code in a calculated batch.
*Exclude Umbrella Calc – If this is set to ‘No’ then this will be used in the umbrella calculation, if this is set to ‘Yes’ then this will not be used in the umbrella calculation.
*Use for Attachment Order – Set as ‘Yes’ if the payment code is related to attachment of earnings.