Our next software update, Release 6.3a, is scheduled to be available as from 16 September 2024 on the Sage Portal.
This new version will be required to be installed by all users, and includes all the changes for the RSA Interim EMP501 Reconciliation, also known as midyear submissions.
- For Total Solution customers, Premier ESS and Premier HR updates will also be available on 16 September 2024
- Please review the latest technical and system requirements to ensure your computer hardware meets the minimum requirements
We encourage all customers to prepare and review there payroll data for the first 6 months of the tax year, while your company data is still in August.
A new version of the SARS e@syFile Employer software will be released for the midyear submission period.
What preparations can I do to get ready for midyear submissions?
- Your current payroll version must be either on Release 6.2a or 6.2b to be compatible with the next software update, Release 6.3a, scheduled for release on 16 September 2024
- Validate your company information on the Basic Company Information Screen - all reference numbers and submission details must be correct
- Ensure the company date information of your company is correct - we recommend that you validate the dates of your system on the Period Info screen available on the Basic Company Information screen, where you will be able to confirm the processing period, tax year start and end dates, pay period in tax year, weeks in month etc.
- Ensure that all earning and deductions/company contributions definitions are setup correctly - taxability and IRP5 codes play a vital role on your payroll
- Validate your employee information is updated and correct - SARS requires employers to provide the correct contact and bank details, as well as be registered for a tax number
- You can print the IRP5/IT3a Validation report to identify issues and do corrections where necessary. Click here for more details to print
- Generate the EMP501 Reconciliation History report on a monthly basis, and reconcile with declarations and payments on eFiling. This makes it easier to identify any irregularities or issues that might have changed your payroll values. Click here for more details
- Reconcile ETI values claimed. ETI not utilised cannot be carried forward from August to September. The EMP501 History Report will assist you to reconcile the monthly values, and the ETI Validation Report (Real Number 767 on Reports and Maintenance menu) can be printed each month
- Print the Negative YTD report (available during Start of Period process), and ensure you do not have any negative values per IRP5 code - the tax certificate specification does not allow negatives values, and will need to be corrected within the payroll, prior to September 2024. Click here to view a guide on this valuable report
- Print the Reimbursive Travel History report to identify exceptions. Click here to read more