This page (revision-78) was last changed on 02-Dec-2021 08:39 by Kevin Higgs

This page was created on 26-Nov-2021 10:22 by KateN

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Version Date Modified Size Author Changes ... Change note
78 02-Dec-2021 08:39 25 KB Kevin Higgs to previous
77 18-Nov-2021 16:36 25 KB Kevin Higgs to previous | to last
76 26-Nov-2021 10:22 24 KB Meg McFarland to previous | to last
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At line 101 changed 2 lines
*‘As Much As Possible’ takes a partial deduction when there is insufficient gross. Typically used for items such as loan repayments, parking, union dues, etc. It is recommended that the Create Arrears toggle also be turned on with this setting, in order to generate an arrears transaction for any balance that could not be taken.
*'Full With Advance' takes a full deduction and advances the employee any shortfall. Used for items such as insurance coverage. It is recommended that the Create Arrears toggle be turned on if an arrears transaction must be generated to recover the amount advanced to the employee on a subsequent pay.
*‘As Much As Possible’ takes a partial deduction when there is insufficient gross. Typically used for items such as loan repayments, parking, union dues, etc. It is recommended that the [Create Arrears|POSITIVE_ARREARS] toggle also be turned on with this setting, in order to generate an arrears transaction for any balance that could not be taken.
*'Full With Advance' takes a full deduction and advances the employee any shortfall. Used for items such as insurance coverage. It is recommended that the [Create Arrears|POSITIVE_ARREARS] toggle be turned on if an arrears transaction must be generated to recover the amount advanced to the employee on a subsequent pay.
At line 104 changed one line
;[Create Arrears|POSITIVE_ARREARS]: If the Create Arrears toggle is ON, whenever there are insufficient earnings to cover the deduction, an arrears transaction for the deduction is generated for the purpose of recovering the amount on a subsequent pay. If the toggle is OFF, in an insufficient earnings situation, no arrears are generated and the deduction is forgotten. Positive_Arrears is an optional toggle field.
;[Create Arrears|POSITIVE_ARREARS]: If the [Create Arrears|POSITIVE_ARREARS] toggle is ON, whenever there are insufficient earnings to cover the deduction, an arrears transaction for the deduction is generated for the purpose of recovering the amount on a subsequent pay. If the toggle is OFF, in an insufficient earnings situation, no arrears are generated and the deduction is forgotten. Positive_Arrears is an optional toggle field.
At line 107 changed one line
*__‘Add Back To Net'__ returns the deduction to the employee, but does not enable it to cover any other deductions (e.g. strict refund). This option tends to be used for items that are not normally part of the gross to net calculation, such as allowances or expense reimbursements. When a recoverable advance is set up as a negative deduction, the Collect Back toggle must be turned on in order to generate an arrears transaction to recover the amount advanced on a subsequent pay.
*__‘Add Back To Net'__ returns the deduction to the employee, but does not enable it to cover any other deductions (e.g. strict refund). This option tends to be used for items that are not normally part of the gross to net calculation, such as allowances or expense reimbursements. When a recoverable advance is set up as a negative deduction, the [Collect Back|NEGATIVE_ARREARS] toggle must be turned on in order to generate an arrears transaction to recover the amount advanced on a subsequent pay.
At line 127 changed one line
;:Collect Back toggle is only set ON for [pay component usage|PAY COMPONENT USAGES] of 5 - ‘Advance Recovered’. If Collect Back is set ON for deductions this will result in an incorrect calculation during the next pay as arrears will be generated and the gross amount reduced.
;:Collect Back toggle is only set ON for [pay component usage|PAY COMPONENT USAGES] of 5 - ‘Advance Recovered’. If [Collect Back|NEGATIVE_ARREARS] is set ON for deductions this will result in an incorrect calculation during the next pay as arrears will be generated and the gross amount reduced.