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Base Components

Human Resources | Remuneration | Base Components

Summary

Base Components are the elements that make up a remuneration package. For example:

  • Salary
  • Superannuation
  • Medical Insurance.

Base Components may be 'cashed up' so that employees receive the equivalent value in cash.

Fringe Benefits Tax (FBT) must be paid on some components of a remuneration package.

Where are Base Components used?

Base Components are recorded in the Components entity.

In This Section

Components

Setting up Base Components