!!!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). ---- ![Notes|Edit:Internal.AC-A770] [{InsertPage page='Internal.AC-A770' default='Click to create a new notes page'}]