Benefits is used to setup paycodes that will be paid in
each pay. There are controls in place to specify when to stop the benefit.
The following functions are available: To import benefits in pay, setup the configuration:
"Payroll -> Payrun Type -> Include "Benefit" entries when creating a
pay." Benefits can be setup in two ways:
1. Configuration to Import Benefit in pay
2. Setup Benefit
Field
Description
Paycode
List of Paycodes
filtered by "Paycode Types: Benefit"
Reference
Reference code to tag with the
benefit.
Cost Centre
Cost Centre used when processing pay.
Based On
Start Date
When using "Date" option. Date
entered here is when the benefit is effective from.
End Date
When using "Date" option. Date entered
here is the end date. Once the "End Date" has reached, the benefit
status will be closed.
Total Amount
When using "Value" option. Amount entered
here is the ceiling amount. Once this amount has been paid, the benefit
status will be closed.
Amount Per Pay
This is the dollar value of the benefit
paid in each pay
Amount Paid
This is a cumulative sum of the amount of
benefit that has been paid. Status
The following statuses are
available:
Notes This is an open text field, users can
enter desired content.
Figure 1: Employee Benefit