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DISPOSABLE INCOME PRORATION
DISPOSABLE INCOME PRORATION

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This feature provides for the ability to ensure that an employee receives a guaranteed percentage of their ‘Disposable Income’. Certain deductions that are for payment to other parties for wage garnishment and/or Child support and/or designated others, can be reduced to allow the employee to receive this guaranteed percentage of their ‘Disposable Income.
This document describes the set up requirements and specific logic for GES Quote Number 1144. The GES terminology for this feature is ‘Wage Assignment’, however the term ‘Assignment’ is already an important element within P2K, and therefore this new feature will be known as ‘Disposable Income Proration‘.
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This feature is an extension to the ‘Vendor Payment’ logic and those deductions that can be reduced can only be those that originated as ‘Sundry deductions’.
This feature provides for the ability to ensure that an employee receives a guaranteed percentage of their ‘Disposable Income’. Certain deductions that are for payment to other parties for wage garnishment and/or Child support and/or designated others, can be reduced to allow the employee to receive this guaranteed percentage of their ‘Disposable Income.
This feature is an extension to the ‘Vendor Payment’ logic within P2k, and those deductions that can be reduced can only be those that originated as ‘Sundry deductions’.
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This feature is a natural extension to the Accounts Payable ‘Vendor’ support logic already existing. Multiple deductions per employee that are direct deductions from the employee net pay, can be entered as Sundry items that are subsequently paid to Vendors during the [UPVEND] process.
This feature is a natural extension to the Accounts Payable ‘Vendor’ support logic already existing within various parts of P2K. Multiple deductions per employee that are direct deductions from the employee net pay, can be entered as Sundry items that are subsequently paid to Vendors during the [UPVEND] process.
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The Disposable Income Guarantee module will be executed as part of [UPCALC] at a point designated by the Pay Point Set. It will be a new ‘Pay Point Task’, which can be positioned at the appropriate point in the pay calculation. This point would be as soon as all Pay Components that make up ‘Disposable Income’ are available.
The Disposable Income Guarantee, module will be executed as part of [UPCALC] at a point designated by the Pay Point Set. It will be a new ‘Pay Point Task’, which can be positioned at the appropriate point in the pay calculation. This point would be as soon as all Pay Components that make up ‘Disposable Income’ are available.
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[Disposible_Income_Proration_02.jpg]
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This task invokes the logic that checks the Sundry lines. It can be placed at any point in the ‘Pay Point Set’.
This task invokes the logic that checks the Sundry lines. It can be placed at ant point in the ‘Pay Point Set’.
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[Disposible_Income_Proration_03.jpg]
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[Disposible_Income_Proration_03_1.jpg]
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!!PC Usage - ‘Disposable Income Guaranteed Earnings’
[Disposible_Income_Proration_04.jpg]
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!!Element - ‘Disposable Income Proration’ (SAMPLE)
PC Usage - ‘Disposable Income Guaranteed Earnings’
Element - ‘Disposable Income Proration’ (SAMPLE)
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[Disposible_Income_Proration_05.jpg]
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%%information Proration will ONLY be performed on Pay Component Details with a ‘PC Detail Type’ of ‘Computed Value’. Details with ‘Entered Value’, ‘Additional Computed Value’, etc. will NOT be prorated. This is needed to ensure that the declining balances, original amounts and fees attached to Child Support Orders, etc. are not altered.%%
%%informationProration will ONLY be performed on Pay Component Details with a ‘PC Detail Type’ of ‘Computed Value’. Details with ‘Entered Value’, ‘Additional Computed Value’, etc. will NOT be prorated. This is needed to ensure that the declining balances, original amounts and fees attached to Child Support Orders, etc. are not altered.%%
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[Disposible_Income_Proration_06.jpg]
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|Element| +/- |PC |
|DISPOSABLE| + |1000| Earnings
| | - |2000| Federal Tax
| | - |2001| State Tax
Element +/- PC
DISPOSABLE + 1000 Earnings
- 2000 Federal Tax
- 2001 State Tax
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__Calculate Disposable Income__\\
$400.00 less $100.00 (FT) Less $50.00 (PT) = $250.00
%%information NOTE: If Disposable income is negative then the sundries will NOT be prorated.%%
Calculate Disposable Income
$400.00 less $100.00 (FT) Less $50.00 (PT) = $250.00
NOTE: If Disposable income is negative then the sundries will NOT be prorated!
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__Calculated Disposable Income Guarantee__\\
Calculated Disposable Income Guarantee
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__Calculate Total Deductions Subject to Guarantee__\\
Calculate Total Deductions Subject to Guarantee
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__Calculated the required reduction amount__\\
Calculated the required reduction amount
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__Compute Revised Deduction Amounts__\\
|Child Care|$150 - (($75.00 / $200) * $150)= $93.75
|IRS Charge|$50 -(($75.00 / $200) * $50)= $31.25
%%information The Deductions and Pay Amounts are revised accordingly%%
Compute Revised Deduction Amounts
Child Care $150 - (($75.00 / $200) * $150) = $93.75
IRS Charge $50 -(($75.00 / $200) * $50) = $31.25
*** The Deductions and Pay Amounts are revised accordingly ***
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__Net Pay Calculation (Done later in the Pay)__
|+|$400.00|Earnings
|-|$100.00|Federal Tax
|-|$50.00|State Tax
|-|$93.75|Child Care
|-|$31.25|IRS Charge
Net Pay Calculation (Done later in the Pay)
+ $400.00 Earnings
- $100.00 Federal Tax
- $50.00 State Tax
- $93.75 Child Care
- $31.25 IRS Charge
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Net Pay = $125.00
Net Pay  $125.00!!!!!!!!
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These messages are not representative of the example on the previous section, but provide a sample of the exceptions that would be issued in a situation where Sundry deductions had to be reduced to provide the employee with a ‘Guaranteed Disposable Income’.
These messages are not representative of the example on the previous page, but provide a sample of the exceptions that would be issued in a situation where Sundry deductions had to be reduced to provide the employee with a ‘Guaranteed Disposable Income’.
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[Disposible_Income_Proration_07.jpg]
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Sometimes there is a Sundry item that requires an employee to pay additional tax on each pay to make up for previous tax shortages. These deductions are not subject to any kind of proration, and therefore are not handled by this particular feature.
Sometimes there is a Sundry Item that requires an employee to pay Additional Tax on each pay to make up for previous tax shortages. These deductions are not subject to any kind of pro ration, and therefore are not handled by this particular P2K feature.
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These levies can further reduce the 50% left after ‘Disposable Income Pro ration’. This can be accomplished by having ‘Tax Levy’ Pay Component processed on a Pay Point after ‘Disposable Income Proration’.
These levies can further reduce the 50% left after ‘Disposable Income Pro ration’. This can be accomplished by having ‘Tax Levy’ Pay Component processed on a Pay Point after ‘Disposable Income Pro ration’.
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When the net income and the tax levy are both available in the pay, invoke a UserCalc to manipulate the Tax Levy amount any way needed. The ‘Net Pay’ available (even after Net Income Pro ration), can be retrieved along with the amount of the tax levy.
When the net income, and the Tax Levy are both available in the pay, invoke a UserCalc to manipulate the Tax Levy amount any way needed. The ‘Net Pay’ available (even after Net Income Pro ration), can be retrieved along with the amount of the tax levy.
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In this example, the employee has $400.00 car loan, an $800.00 Child Support payment, and a $400.00 tax levy. After the car loan and child care payments, the employee is guaranteed 50% of their disposable income. The employee does NOT have enough income in the pay to handle the two deductions completely, so ‘Disposable Income Proration’ kicks in and reduces each of the Car Loan and the Child Support payment proportionally.
In this example, the employee has $400.00 Car Loan, an $800.00 Child Support Payment, and a $400.00 Tax levy. After the Car Loan and Child Care, the employee is guaranteed 50% of disposable Income. The Employee does NOT have enough income in the pay to handle the two deductions completely, so ‘Disposable Income Proration’ kicks in and reduces each of the Car Loan and the Child Support Payment proportionally.
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[Disposible_Income_Proration_08.jpg]
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[Disposible_Income_Proration_09.jpg]\\ \\
User Calc to ensure the employee gets $100.00 Minimum Net Pay after the Tax Levy.\\ \\
[Disposible_Income_Proration_11.jpg] \\ \\
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The results of the pay will be as displayed, and note that all three deductions have been reduced, two by ‘Disposable Income Proration’, and the tax levy by the UserCalc.\\ \\
[Disposible_Income_Proration_12.jpg]
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After being audited, the Pay will look like this …
User Calc to ensure the employee gets $100.00 Minimum Net Pay after the Tax Levy.
The results of the pay will be as displayed, and note that all three deductions have been reduced, two by ‘Disposable Income Proration’, and the tax levy by the UserCalc.
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|ddl_030211.tab DDL|DB|Update
ddl_030211.tab DDL|DB|Update
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[{If var='loginstatus' contains 'authenticated'
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![Notes|Edit:Internal.DISPOSABLE INCOME PRORATION]
[{InsertPage page='Internal.DISPOSABLE INCOME PRORATION' default='Click to create a new notes page'}]
![Discussion|Edit:Internal.DISPOSABLE INCOME PRORATION]
[{InsertPage page='Internal.DISPOSABLE INCOME PRORATION' default='Click to create a new discussion page'}]
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}]
This page (revision-18) was last changed on 26-Nov-2021 10:22 by kparrottTop