This page (revision-24) was last changed on 26-Nov-2021 10:22 by kparrott

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

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Version Date Modified Size Author Changes ... Change note
24 26-Nov-2021 10:22 26 KB kparrott to previous
23 26-Nov-2021 10:22 25 KB rforbes to previous | to last
22 26-Nov-2021 10:22 25 KB jmyers to previous | to last
21 26-Nov-2021 10:22 26 KB JMyers to previous | to last

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USING SALARY RATE METHODS
USING SALARY RATE METHODS

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At line 13 changed one line
There is also a new ‘Pay Line Based’ premium that can be used in place of the ‘UPTG Period $$$’ premium. The problem with the [UPTG] premium is that it creates ‘Dollars Only’ into the [IPTR] screen, which means that the premium dollars from the hours worked in the period are not naturally generated into payroll. If not generated from hours, the [UPRETRO] would not be able to create the retro in the past. The correct way to handle a ‘Pay Period Premium’ is to use this new type. It will be generated from the hours worked (which may vary), and the dollars assigned to each hour will be computed by P2K correctly so that the total will equal the Period Premium Amount. To account for any penny difference, the premium is ‘Force Balanced’ when the transaction is brought into payroll during the execution of [UPTR][.
There is also a new ‘Pay Line Based’ premium that can be used in place of the ‘UPTG Period $$$’ premium. The problem with the [UPTG] premium is that it creates ‘Dollars Only’ into the [IPTR] screen, which means that the premium dollars from the hours worked in the period are not naturally generated into payroll. If not generated from hours, the [UPRETRO] would not be able to create the retro in the past. The correct way to handle a ‘Pay Period Premium’ is to use this new type. It will be generated from the hours worked (which may vary), and the dollars assigned to each hour will be computed by P2K correctly so that the total will equal the Period Premium Amount. To account for any penny difference, the premium is ‘Force Balanced’ when the transaction is brought into payroll during the execution of [UPTR].
At line 82 changed one line
The Variable Hours (Element) method requires that an element be set up in [IPPE] to hold the pay components to be considered when calculating the number of hours worked in a pay period. It can have any element code, but must be one of the ‘group elements’ in [IDGR][. The Group Element type MUST be set to ‘Variable Rate’.
The Variable Hours (Element) method requires that an element be set up in [IPPE] to hold the pay components to be considered when calculating the number of hours worked in a pay period. It can have any element code, but must be one of the ‘group elements’ in [IDGR]. The Group Element type MUST be set to ‘Variable Rate’.
This page (revision-24) was last changed on 26-Nov-2021 10:22 by kparrottTop