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On this form, the following fields are required: Description and Calculation Method.

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The "Employee Benefit Provision (create)" form

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  • Fixed Amount: As a fixed amount each month. The particular fixed amounts for employees are specified in the Employment Contracts documents.
  • Percent from Base Accruals: As percentage of the base accruals, a list of which you can create in the table that appears if this option is selected. Here, you must list all the accrual types that can be possibly used for this benefit calculation for all employees. For a particular employee, the particular percent and particular base accrual types are specified in the employee's contract; however, only the accruals listed both in the benefit type and employee contract will be used for calculation.

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The default GL accounts are assigned automatically to new benefit provision. To replace the default accounts with other accounts, click the Edit GL Accounts button. This opens the GL Accounts Edit dialog box.

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The GL Accounts Edit dialog box

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