Skip to content
logo Knowledgebase

Warning Message: There are employees in the company with over deductions on their Pension Funds or RA's. Do you wish to continue?

Created on  | Last modified on 

Summary

This article explains the warning message "There are employees in the company with over deductions on their Pension Funds or RA's. Do you wish to continue?" on Sage Classic, Sage Premier, and Sage Business Cloud Payroll Professional

Description

When running the ACB export, the following message appears:

Image

Resolution

As from the 2017 tax year, the system automatically applies the tax deductible values according the the allowable limits for Pension, Provident and RA's.​

  • The message is an indication that the system is seeing employees who exceed the allowable tax deductible limits
  • Some calculations within the system does not apply the new legislation, resulting in the message
  • Print the Retirement Fund Limits (RN 607, previously Pension and RA limits report), which will provide a list of employees exceeding the limit
  • We recommend the Retirement Reforms setup on the payroll system has been verified
  • This report is just an indication of the employees, and no action is required by the administrator, unless the values on the system is actually incorrect
  • For previous year, this was a valid message, and the user was required to confirm the RFI is correct, and had to split the tax deductible values on the RA or Pension line to non-deductible lines
View More...