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
No: Go to A920
| Rule | Description | Logic | Assoc. | Go to |
|---|---|---|---|---|
| 01 | Pay Out Time to Employee | Uses Time owing (A700) – Time owing at year end rollover (A900), and creates a Leave Line with this value. If a <PC Code> is specified, this amount will also be recorded in a Pay Component to be paid out to the employee. The AC Action must be ‘Log to Leave Line’ | ||
| 02* | Time Lost | Uses Time owing (A700) – Time owing at year end rollover (A900), and creates a Leave Line with this value. If a payroll component is specified, this rule creates the same amount in that pay component. This payroll component may be used to pass the lost time value to financial ledgers. | A700 A900 A960 | A920 |
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.
