!!!A770 Termination Amount Payout {optional}

This component calculates the amount to be paid out on termination. Only used when [A760|AC-A760] is chosen.

Choose the rule that is used as the ‘Termination Amount Payout’ rule.

||Rule||Description||Logic||Assoc.||Go to
|00|Use UserCalc only|Ignores the termination amount owing (A750) and calculates a new amount using the specified <UserCalc>. The UserCalc must be of the type ‘Function’, with a return value of the type ‘Numeric’. Use the RET operator to return the numeric value. This value is interpreted by the component as the amount to payout on termination.| |[A780|AC-A780]
|01|Pay Nothing (Use it or Lose it)|Ignores the termination amount owing (A750), does not pay out.| |
|02*|Pay Time Amount if specified, or Legal percentage|Uses termination amount owing if specified (A750), else uses legal amount (A640).|[A640|AC-A640]\\[A750|AC-A750]|[A780|AC-A780]
|03|Pay Legal Percentage|Ignores termination amount owing and uses only legal amount (A640).|[A640|AC-A640]|[A780|AC-A780]
|04|Pay Higher of Time Amount or Legal Percentage|Uses termination amount (A750) or legal amount (A640), whichever is greater.|[A640|AC-A640]\\[A750|AC-A750]|[A780|AC-A780]
|05|Pay Time Amount plus Legal Percentage|Uses termination amount (A750) + legal amount (A640).|[A640|AC-A640]\\[A750|AC-A750]|[A780|AC-A780]
|06|Pay Time Amount or Total Percentages|Uses termination amount owing if specified (A750), else uses a total of all other “percent of earnings” amounts defined (adds A600 through A670).|[A640|AC-A640]\\[A750|AC-A750]\\[A600|AC-A600]\\[A610|AC-A610]\\[A620|AC-A620]\\[A630|AC-A630]\\[A650|AC-A650]\\[A660|AC-A660]\\[A670|AC-A670]|[A780|AC-A780]
|07|Pay Total Percentages|Uses a total of all “percent of earnings” amounts defined (adds A600 through A670).|[A600|AC-A600]\\[A610|AC-A610]\\[A620|AC-A620]\\[A630|AC-A630]\\[A640|AC-A640]\\[A650|AC-A650]\\[A660|AC-A660]\\[A670|AC-A670]|[A780|AC-A780]
|08|Pay Higher of Time Amount or Total Percentages|Uses termination amount owing (A750) or a total of all other “percentage of earnings” amounts defined (adds A600 through A670), whichever amount is greater.|[A750|AC-A750]\\[A600|AC-A600]\\[A610|AC-A610]\\[A620|AC-A620]\\[A630|AC-A630]\\[A640|AC-A640]\\[A650|AC-A650]\\[A660|AC-A660]\\[A670|AC-A670]|[A780|AC-A780]
|09|Pay Time Amount plus Total Percentages|Adds termination amount owing (A750) + a total of all other “percentage of earnings” amounts defined (adds A600 through A670).|[A750|AC-A750]\\[A600|AC-A600]\\[A610|AC-A610]\\[A620|AC-A620]\\[A630|AC-A630]\\[A640|AC-A640]\\[A650|AC-A650]\\[A660|AC-A660]\\[A670|AC-A670]|[A780|AC-A780]

If the amount derived from the rule chosen above is to be paid to the employee, a pay component must be defined. If any rule is chosen, a leave line will be created for the applicable amount.

__Note that none of the above occurs unless the employment status is “terminated” and the Final Pay Method is indicated on the employee’s pay header.__

If no amount is paid out on termination, do not define this component, or define the component with the applicable rule, and do not define a payroll component. A final option is to use a payroll component that does not appear on the payroll stub, to allow the amounts to be balanced on the financial ledgers (if required).


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![Notes|Edit:Internal.AC-A770] 	
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