IVSPM

Table of Contents

PREMIUM INTERFACE FILE#

The Premium Interface File screen is used to import premium data into the software data structures.

Premium Interface File data is maintained on the INF_CV_PREMIUMS table.

ID
This field identifies the premium record within the data base.
Entity
Premiums are associated with the entity identified in this field.
Unit
Each premium must be associated with a unit which may be identified in this field.
Premium
The name of the premium is identified in this field.
Description
This field holds a description of the premium code.
Premium Type
In this field, the premium is categorized into one of the premium types created in the ISPT form.
Premium Type Sequence
The sequence field is used to determine an order of priority for premiums.
Effective as of/Expires On
If the premium is time limited, these field define that time period.
Change Reason
This field displays the ‘Change Reason’ code, which provides the rationale as to why information has been created or changed as of an effective date.
Pay Component Dollars
This field specifies the pay component code to which dollar amounts are associated with the premium.
Pay Component Time
This field specifies specifies the pay component code to which time amounts are associated with the premium.
Calculation Rule
Premium Calc rule is the rule that will be used to calculate the premium.
Rate Basis
This field defines the time period (hour, day, week, year) used with the premium rate value provided.
Rate
This is the rate that will be used when the Premium Calc rule includes “premium rate” in the formula.
Premium Prorated
This field will indicate if the premium paid will be prorated based on the employee’s FTE value.
Frequency
This field will indicate how often the payroll item (deduction, benefit, attendance policy etc.) is processed.
Pay Point Type
This field displays the point in the payroll cycle when the premium should be processed.
Pay Point Sequence
This field defines the sequential order of each step taken within a pay point.
Replacement Options
This field indicates if the hours and/or earnings will be replaced by the new hours and/or earnings (including premium) calculated when the pay line is generated. The premium will remain attached to the pay line for audit purposes.
Highest Rate of Day
This field indicates if the toggle is ON it provides the ability to apply the highest rate of pay received on that day worked including premiums.
Premium Wage Source
This field defines the source of the premium, either from the pay line or from the highest scale/step rate on the position rec
User Variable
This field displays a specific user variable for a premium rather than relying on the user variable associated with the pay component.
Custom Premium Logic
If you require custom premium logic, contact your consultant.

Notes #

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