A750 Payout Termination Amount Owing {optional}#
This component recalculates the value of time owing on termination.
Choose the rule that is used as the ‘Payout Termination Amount Owing’ rule.
Rule | Description | Logic | Assoc. | Go to |
---|---|---|---|---|
01 | Termination Time Owing x Payout Wage Rate | Calculates termination time owing (A740)x payout wage rate(A710).This re-evaluates the wages when the established rate method is being used. | A710 A740 | A760 |
02* | Difference between Total Paid and Total Earned | Calculate the difference between the Current Year Amount Earned (A380) and the Current Year Amount Paid (A370). | A370 A380 | A760 |