QUESTION 5 COMPUTERISED PAYROLL PART A The following information relates to the computerised payroll system: COLUMN A COLUMN B 1. Average Tax method A Tax is calculated at 25% 2. Annual leave entitlement B Calculates tax by annualising the earnings 3. ETI C Do not use BCEA for leave taken 4. Moving payroll into the next period D Retirement Fund Income 5. Periodic tabs E On setup, this is selected if the employee is between 18 - 29 years old and salary is below the ETI threshold. 6. Employee Master files > Rate details F Used to select the type of payslip format for printing 7. What type of income does a pension fund get calculated on? G Process > Pay period update 8. Part-time Tax method H Fields are mostly system generated once first payslip has been setup 9. Setup > Transactions > Processing rule I Income, deductions and Benefits 10. Payment tab > Paper Style J To be entered as 15 working days Required: Match the items listed in COLUMN B with those listed in COLUMN A. Write down only the letter of your choice next to the corresponding number. For example: 1. J 2. B, etc. PART B 1. Pastel payroll has set aside codes that the payroll administrator can use. Complete the table in your answer book by correctly identifying the payroll transaction codes or Transaction types. 2. In the table below calculate which income of Mr Ndlovu is RFI (Retirement Fund Income) and which is NRFI (Non-Retirement Fund Income). The Employee's pension fund contribution is 7.5% on Salary and commission. 3. When setting up the BCEA leave periods, there are two groupings to make use. These are dependent on how often an employee gets paid. Briefly explain the leave period and match this to the terms of payment. Complete the table in your answer book. 4. There are various