Hi,
What does this qualifying earnings tick box mean please?
Trying to set up a new pay element and in the edit tab there is the below tick box and I'm not sure what it means
Hi,
What does this qualifying earnings tick box mean please?
Trying to set up a new pay element and in the edit tab there is the below tick box and I'm not sure what it means
Hi Celina,
If selected, the Qualifying Earnings earnings box means the payment will be included in pension assessments (if you're using the pensions module) and also to calculate pension contributions where the scheme uses qualifying earnings for pensionable pay.
There's reference to it in this article: Set up your pay elements for pension contributions
If this helps, please click Verify Answer.
Andy,
Sage UKI
*Community Hub is the new name for Sage City