This page (revision-77) was last changed on 26-Nov-2021 10:22 by Kevin Higgs

This page was created on 26-Nov-2021 10:22 by KateN

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;[Insufficient Earnings|???]: Indicates the method by which a deduction should be made from gross pay.
*‘All Or None’ ignores the deduction if there is insufficient gross. Typically used for items such as savings, bonds, charitable donations, United Way, credit union, etc.
*‘As Much As Possible’ takes a partial deduction when there is insufficient gross. Typically used for items such as loan repayments, parking, union dues, etc. It is recommended that the Create Arrears toggle also be turned on with this setting, in order to generate an arrears transaction for any balance that could not be taken.
*'Full With Advance' takes a full deduction and advances the employee any shortfall. Used for items such as insurance coverage. It is recommended that the Create Arrears toggle be turned on if an arrears transaction must be generated to recover the amount advanced to the employee on a subsequent pay.
;:Dedn_Positive_Rule is an optional fixed lexicon ([X_DEDN_POSITIVE_RULE]) that you may use to look up the value.
;[Create Arrears|??]: If the Positive Arrears toggle is ON, whenever there are insufficient earnings to cover the deduction, an arrears transaction for the deduction is generated for the purpose of recovering the amount on a subsequent pay. If the toggle is OFF, in an insufficient earnings situation, no arrears are generated and the deduction is forgotten. Positive_Arrears is an optional toggle field.
;[Negative Deduction|??]: The negative deduction rule determines how a negative deduction (i.e. a refund or 'credit'to the employee) will be processed.
*'Add Back To Gross' returns the deduction to the employee by adding it back to the Employee's gross pay, enabling it to be used to cover other deductions.
*‘Add Back To Net' returns the deduction to the employee, but does not enable it to cover any other deductions (e.g. strict refund). This option tends to be used for items that are not normally part of the gross to net calculation, such as allowances or expense reimbursements. When a recoverable advance is set up as a negative deduction, the Collect Back toggle must be turned on in order to generate an arrears transaction to recover the amount advanced on a subsequent pay.
;:Negative_Deduction is an optional fixed lexicon ([X_DEDN_NEGATIVE_RULE]) that you may use to look up the value.
;[Collect Back|??]: This toggle is only ever 'ON' for one pay component - Advance Recovery. If this toggle is ON, the negative deduction is considered to be a recoverable advance, and an arrears transaction is generated for the purpose of recovering the advance on a subsequent pay. If the toggle is OFF, the negative deduction is treated as a refund or reimbursement to the employee, for which no recovery is required.
;:Negative deductions occur when we have to pay the employee back for taking too much money from their pay for whatever reason (e.g. they were listed as Family deduction and should only have been Single for some Benefit plan).
;:''For Example:
;:''If the Collect Back toggle is Off
;:''Gross 1000
;:''Deduction -20
;:''Net = 1020 (Correct – because the company owed the employee)
;:''Next Pay: Nothing happens (correct)
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;:''If the Collect Back toggle is ON
;:''Gross 1000
;:''Deduction -20
;:''Net = 1020 (Correct) Arrears created (20)
;:''Next Pay:
;:''Gross 1000
;:''Arrears 20
;:''Net = 980 (If ‘Collect Back’ toggle is ON, it will result in the deduction being recovered on the next pay)
;:Negative_Arrears is an optional toggle field.
;:Collect Back toggle is only set ON for pay component usage of 5 - ‘Advance Recovered’. If Collect Back is set ON for deductions this will result in an incorrect calculation during the next pay as arrears will be generated and the gross amount reduced.
;[Arrears Recovery|???]: The Deduction Recovery rule defines how deductions that are in arrears will be recovered.
*''__'Only One Per Pay’__ recovers the deduction on a single transaction basis, for example, when an employee is three deductions in arrears for the same pay component, the pay calculation process attempts to recover only the oldest arrears transaction for that pay component. If there are insufficient earnings to collect the whole amount of the arrears transaction, the uncollected balance is generated as a new arrears transaction.
;:''This rule is primarily used for deductions applied to irregular employees. If the employee has not worked enough hours to cover certain deductions for more than a few pays. The system will wait until the employee has enough earnings, it doesn’t recover all arrears at one time and leave the employee with very little net pay. Therefore, recover the arrears one deduction at a time.
;:''This rule is used for larger amount deductions where it is unlikely that there will be sufficient earnings to cover more than the regular deduction plus a single arrears transaction.
*''__'Recover All At Once’__ recovers all arrears amount for this pay component regardless the number of times this deduction was in arrears.
;:''This rule recovers arrears on a multiple transaction basis, for example when an employee is three deductions in arrears for the same pay component, the pay calculation process attempts to recover each of these three deductions on the next pay.
;:''If there are insufficient earnings to collect the whole amount of the arrears transaction, the uncollected balance is generated as a new arrears transaction. This rule is used for deductions that are small enough for there to be a strong possibility of recovering more than one from the same pay.
;:Deduction_Recovery is a fixed lexicon ([X_DEDN_RECOVERY_RULE]) that you may use to look up the value.
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!!Define Pay Components (IPPC) - Premiums
Premium type usages provide the ability to specify the list of the premium type(s), if any, which are applicable to a pay component.
If a premium type usage is not defined, premiums of this type may not be used with the pay component.
This page (revision-77) was last changed on 26-Nov-2021 10:22 by Kevin HiggsTop