Extra Amount Paid Out on Termination {optional}#
This component determines if there is a difference between the accrual and the amount that must be paid out (e.g. the result of a wage change).
If there is a difference in the amount owing and the amount paid out, should it be tracked?
Yes: Choose the rule to be used
No: Go to A900
Rule | Description | Logic | Assoc. | Go to |
---|---|---|---|---|
01 | Difference Between Amount Owing and Amount Paid Out | Calculates the termination amount paid out (A770) less the termination amount owing (A750). This component, if defined, creates a leave line for the difference between what was paid out and what was actually owed the employee. If a <PC Code> is specified, this amount will also be recorded as a pay component amount to be paid out to or tracked for the employee (from where it could be recorded on financial ledgers or for reporting purposes). | A750 A770 | A900 |