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Reply from madhavsnonsense on Mar 1 at 7:13 AM Hi,
Please advise on how to set up this wage type. I even tried copying from the model wage type
Thanks
Madhav
| | | ---------------Original Message---------------
From: Madhav
Sent: Monday, February 23, 2015 7:09 AM
Subject: Severance Pay
Hi,
I have a severance wage type which need to be paid as regular & Off cycle payments.
Whenever employee is terminated, there should not be any benefit deductions from this severance payment even though they have active benefit records.
Because, business is not delimiting the benefit records and they will have active benefit records.
Let us say if i maintain $10,000 through IT0015 as my severance pay, if if there are three active benefit records after termination, combined together the benefit contributions are $100.00.
But, the benefit contributions shall be considered to be deducted from the severance pay.
Current set up:
P.C 20 - 3 RT Storage and cumulation.
P.C 30 - T Cumulation performed according to table T54C3
P.C 68 - 2 Supplemental payment
P.C 69 - 1 Taxable Earning
P.C 71 - 1 Regular Wages.
Cumulation class 01 - checked
However, i'm still seeing deductions for severance pay.
Please advise. |
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