This page (revision-21) was last changed on 26-Nov-2021 10:22 by jmyers

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

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Version Date Modified Size Author Changes ... Change note
21 26-Nov-2021 10:22 11 KB jmyers to previous

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RETROACTIVE PAY
RETROACTIVE PAY

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At line 2 changed one line
!!!FEATURES
!!!Features
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Note that when using a UserCalc, the ‘Let PC = ‘UserCalc line determines where (which Pay Component) the assessment is to be recorded. The ‘Retro PC’ from the PC definition is only used as output when the Pay Component Retro Method is ‘Pay Line’ method.
%%information Note that when using a UserCalc, the ‘Let PC = ‘UserCalc line determines where (which Pay Component) the assessment is to be recorded. The ‘Retro PC’ from the PC definition is only used as output when the Pay Component Retro Method is ‘Pay Line’ method.%%
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[{$applicationname}] must be able to identify Retro Pay in some manner to be able to tax the income separately. This can be accomplished either by creating a new pay in a different ‘Pay Category’, or by choosing a different pay component for retro. Either way, the income can be identified. If the original pay components are used and stored into a ‘Regular’ pay, there will be no way to tax it differently.
Personality must be able to identify Retro Pay in some manner to be able to tax the income separately. This can be accomplished either by creating a new pay in a different ‘Pay Category’, or by choosing a different pay component for retro. Either way, the income can be identified. If the original pay components are used and stored into a ‘Regular’ pay, there will be no way to tax it differently.
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!!!RETROACTIVE PAY SET UP
The following outlines the required set up to implement Retroactive Payroll in [{$applicationname}].
!!!Retroactive Pay Set Up
The following outlines the required set up to implement Retroactive Payroll in Personality.
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!PAY COMPONENTS - [IPPC]
!Pay Components - [IPPC]
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!ASSIGNMENT - [IEAS] (EMPLOYEE TRIGGERS)
!Assignment - [IEAS] (Employee Triggers)
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!!!RETROACTIVE PAY PROCESS
!!!Retroactive Pay Process
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[{$applicationname}] must be able to identify retro pay in some manner to be able to tax the income separately. This can be accomplished either by creating a new pay in a different ‘Pay Category’, or by choosing a different pay component for retro. Either way, the income can be identified. If you choose to use the original pay components and pick up retro in the next regular pay, there will be no way to tax it differently.
Personality must be able to identify retro pay in some manner to be able to tax the income separately. This can be accomplished either by creating a new pay in a different ‘Pay Category’, or by choosing a different pay component for retro. Either way, the income can be identified. If you choose to use the original pay components and pick up retro in the next regular pay, there will be no way to tax it differently.
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This page (revision-21) was last changed on 26-Nov-2021 10:22 by jmyersTop