Deduction Amount#
This component tracks the amount the employee contributes.
Choose the rule to be used as the ‘Deduction Amount’ rule.
| Rule | Description | Logic | Assoc. | Go to |
|---|---|---|---|---|
| 01* | Specified Value or from Enrollment | Use the bond deduction value from the employee’s current enrollment detail or the <BC Value> specified in the component. The employee’s enrollment detail (IBEN) must be initialized with a value, either by conversion or manual input, or through the component value. | B1320 |
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'.
