The EMP501 Reconciliation report allows you to reconcile your monthly EMP201 declarations with your payroll figures.

This includes values for tax (PAYE), Unemployment Insurance Fund (UIF), Skills Development Levy (SDL) and Employment Tax Incentive (ETI).

The report includes the financial figures exports in Excel format, making it easy to reconcile.

Use the report for mid-year and year-end submission to the South African Revenue Service (SARS).

Run the report from payroll

1. Access your payroll company.
2. From the Main Menu, go to History, then select Reports.
3. Choose EMP501 Reconciliation.
4. Select the Reconciliation Period months.

 NOTE: For mid-year submission, select March to August. For the year-end submission, select March to February. 

5. Select to export for the Current Company or Multiple Companies.
6. Choose companies to include if you selected Multiple Companies in step 5.

 NOTE: This option only includes companies with the same PAYE number and is in the same Pay Period. 

7. Click Continue.
8. The report starts to automatically or prompt you to select click here to start downloading.

Review the report in Excel

1. Locate the downloaded Excel report.
2. Open the Excel report.
3. The report has two worksheets:
   • EMP501 Recon: Summary of PAYE, SDL, UIF and ETI amounts per month
   • Emp Details: Breakdown of PAYE, SDL, UIF and ETI per month, per employee
4. Complete your declared and paid values in the yellow sections per month.
5. The Difference column displays any variances between the payroll and captured values.

 TIP: If you find any differences, use the monthly EMP201 (Detailed) to reconcile with the values per employee on the EMP Details worksheet. For reconciliation assistance, contact your Business Partner.