Pay Period Deposit Liability {optional}#
This component converts the deposit liability from the benefit remittance frequency to the benefit deduction frequency of the payroll application.
Does the deposit liability need to be converted to a pay period amount?
Yes: Choose the rule to be used
No: Go to B0770
| Rule | Description | Logic | Assoc. | Go to |
|---|---|---|---|---|
| 01 | Convert to Pay Period Amount | Converts the deposit liability to a pay period amount based on the processing frequency specified on the person’s enrollment form. | B0770 | |
| 02* | Convert to Pay Period Amt and Force Balance | Converts the deposit liability to a pay period amount based on the processing frequency specified on the person’s enrollment form. If the deposit liability is not exactly divisible by the frequency, it applies any remainder to the first processing period of the benefit. | B0770 |
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'.
