Deposit Liability {optional}#
This component calculates and stores the amount of the deposit liability.
Is there a deposit liability?
Yes: Choose the rule to be used
No: Go to B0770
Rule | Description | Logic | Assoc. | Go to |
---|---|---|---|---|
00 | Use Value from UserCalc | Specify the name of the <User Calc> on the component. 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 a user provided deposit liability. | B0760 | |
01* | Use Specified Value | Specify the <BC Value> on the component. The specified value is used as the deposit liability. | B0760 | |
02* | Use Premium Amount | Takes the premium amount (B0680) as the deposit liability. | B0680 | B0760 |
Enter a pay component in the <PC Code> field if the result is to be viewed for Payroll processing or reporting.
The BC action must be ‘Store on Line & Enroll'.
If the deposit liability needs to be converted to a pay period amount place the <PC Code> on B0760 instead.