Excess Time Over Cap {optional}#
This component specifies what is done with time in excess of the year-end cap.
Will there ever be an excess amount over the cap indicated A900?
Yes: Choose the rule to be used
This component works in a similar manner to A340 (Excess Over Cap), in that; the two rules available are actually the same rule. For both, the program does the same processing, namely, a leave line is created in either case, and if a payroll component is specified, the amount is also stored into that payroll component. It is the user’s decision to specify a component, as well as the definition of the payroll component, that changes the use. The two different rules have been created to make the intent of the policy clear at a glance.
Although Time Lost is often not shown on the employees’ payroll stubs, it may be useful to record the lost time in a payroll component to allow for balancing of costs on the financial ledgers.
