Score- /25

-----------%
“GETTING STARTED ON PAYDAY” QUESTIONS
Section A
1. In Payday how would you input the following? (2
points)
(a) Overtime

____________________________________________________________________

____________________________________________________________________

(b) Car Benefit

____________________________________________________________________

____________________________________________________________________

(c) Medical Aid Claims

____________________________________________________________________

________________________________________________________________________

(d) Loan to be deducted over a number of months

____________________________________________________________________

____________________________________________________________________

2. Name 2 circumstances you would (3 points)

(a) Suppress NSSA

__________________________________________________________

__________________________________________________________

(b) At what age does an employee qualify for a tax credit

_________________________________________________________________

(c) What is the value of the elderly tax credit

_________________________________________________________________

3. Explain how you would delete a line in earnings and deductions no longer required. (1 points)

____________________________________________________________________

____________________________________________________________________

____________________________________________________________________
4. If I make an error and discover it after confirming the Payroll Calculation, but before actually
paying the staff, what steps should I take to correct it? (2 points)

1. _________________________________________________________________

2. _________________________________________________________________

3. _________________________________________________________________

4. _________________________________________________________________

5. Where would you go to add a new employee? (1 point)

____________________________________________________________

____________________________________________________________

6. Where would you go to terminate an employee?

(1 point)
____________________________________________________________

____________________________________________________________

7. How would you activate a disability credit? (1 point)

____________________________________________________________

____________________________________________________________

8. Explain how you would enter CILL for an employee (1 point)

____________________________________________________________

____________________________________________________________

9. When doing a Period End how do I check which accounting period the Payroll is in?
(1
point)

___________________________________________________________

___________________________________________________________

10 a) How much Bonus is tax-free? (2 points)

___________________________________________________________

b) If an employee earns $8500.00 per month, what is the total NSSA contribution for the month
(employee plus employer) with effect from 1st of June 2013

___________________________________________________________
 c)Why is an employee’s Date of Birth important in the Master File?

___________________________________________________________

___________________________________________________________

11. How do I print a Payslip for one employee? (1 points)

___________________________________________________________

___________________________________________________________

___________________________________________________________

12. What should you look for when checking the accumulative summaries on the Payroll Calculation
Report (1 points)

__________________________________________________________

__________________________________________________________

__________________________________________________________

13 Using Direct Taxation calculate the PAYE and Aids Levy for an employee who earns the
following
Basic Pay 48000.00
Transport Allowance 1600.00
Housing Allowance 720.00
NSSA 225.00
Pension 600.00
Medical Aid Contributions 1480.00

Please show your workings (2points)

14 In FDS calculation, explain the difference between an Allowable Deduction and a Tax Credit.
(1
point)

_________________________________________________________

_________________________________________________________

_________________________________________________________

15 In FDS name any two (2) Tax Credits (1point)

_________________________________________________________.

_________________________________________________________
16 In PayDay.Net explain how to print the following (2points)

a) Payroll Calculation Control Report

_______________________________________________________________________________

b)Proof of Payment Report which does not show the Employees Net Pay

_______________________________________________________________________________

c) Cost By Code Grand Total Report

_______________________________________________________________________________

d)Bank Deposit Schedule

______________________________________________________________________________

17 An employee earns USD$1,500.00 per month and accrues 2.5 Calendar Days leave per month and
has accrued 25 days. He wants to sell 10 days of his Annual leave. Manually calculate the Cash in
Lieu Of Leave that would be due to him.
(1
point)

________________________________________________________

18 At what Taxable Income does one begin to pay Income Tax (1 point)

________________________________________________________.