Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

To view the actual accrued amounts, use the Balances of Employee Benefit Provisions report.

Image RemovedImage Added
The "Payroll Calculation (create)" form. The Provisions tab

...

The Amount column shows the monthly amount to be added to the benefit accrued amount. The amounts can be edited if needed.

The CurrCur. column shows the currency of the benefit.

...

For benefits that are calculated as percent of compensation amount, you can view the details of calculation. For this, select the employee benefit and click the Show Provision Calculation button on the table toolbar—this opens the Provision Calculation Report formDetails report.

The Provision Calculation Details Report

The Provision Calculation ReportDetails report provides information on the base accruals used to calculate the benefit expense for the employee benefit selected on the Provisions tab; available only for benefits defined as percentages.

...

The Total Base Amount shows the amount of all base accruals (and deductions if any) for the previous pay period. The Provision Percent field shows the percent of base accruals used for the benefit accrual according to the benefit definition in the Employee Benefit Types master records.

The Total Amount field shows the resulting amount to be added to the benefit accrued amount for the current month and to be recorded as corresponding expense in this month.

...