!Payroll Terminology

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;Allocation: A means to determine benefit costs (employer contributions/portions). This can be done through one of two methods, either ‘Burden’ or ‘Fringe’.
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;Burden: Refers to estimate percentages (e.g. 10% or 20%) for the ‘fringe’ costs against labor costs. If an interface file is to be created then the G/L file format must be defined in the Interface Formats ([IDIF]) form.
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;Calendars: Schedules that define the periods of time, needed to plan and manage human resource activities such as monthly benefits administration, as well as financial information such as general ledger periods.
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;Fair Labor Standards Act (FLSA):Establishes a federal minimum hourly wage that requires the payment of overtime compensation at one-and-half times an employee’s “regular rate” for all hours worked in excess of 40 per week.
;Fringe Allocation :Refers to the process of splitting ‘fringe’ costs (e.g. payroll employer tax and/or benefit expenses) to the cost centers in the same proportion that the earnings or time are being expensed.
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;G/L Accounts: Short names or abbreviations that point to a more detailed account or account mask.
;General Ledger Company: The entity legally responsible for the accounting of the organization and that reports the organization in its general ledger and accounting journals.
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;Labor G/L: See Pre Payroll Distribution
;Leave Line Details:Leave Line Details are the specific attendance components affected by a leave line transaction.
;Load Pay Lines: The function that provides a means to import transactions into the system via an external data source.
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;Pay Components: Any identifiable components of a pay, or any item that needs to be stored or totaled.
;Pay Disbursement Process: Takes the results of one or more pay runs and creates the necessary tables that will be used in the check/deposit form printing, direct deposit interface file creation, processes, and related reporting.
;Pay Lines: Individual pay transactions of a pay header.
;Post Payroll Distribution: The costing of employee earnings, employee deductions, employer contributions, and employee net pays that have been calculated, and approved, for a pay run or several pay runs. (AKA - A Payroll G/L)
;Posting Date Method: Controls the accounting period to which general ledger entries are to be attributed, and by default, entries for a pay period are allocated based on the type of payment
;Pre Payroll Distribution: Used if it is necessary to account for labor costs prior to the processing of the payroll cycle, perhaps on a daily or weekly basis, and is usually needed to support a separate costing system or Personality’s Financial Cost Control application. (AKA Labor G/L)
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;Worker’s Compensation Authority: Collects money based on the payrolls of the employers in each state/province, the money collected goes into an ‘Accident Fund’, WC then pays compensation costs out from this fund.
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![Notes|Edit:Internal.TERMINOLOGY-PR] 	
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