Pay Groups
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Pay groups are assigned to a set of employees and define how they are paid. Pay groups determine pay frequency, pay schedule, and processing steps.
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Pay groups are assigned to a set of employees and define how they are paid. Pay groups determine pay frequency, pay schedule, and processing steps.
An accrual policy defines how and when balances associated with accrual codes are credited and debited.
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Earnings identify different types of employee compensation for services provided. Earnings can also include specific parameters such as accounting rules, tax laws, and reporting requirements.
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At the master company level, you are provided with four configurable business rules called organization levels that allow you to designate the structure of your component companies.
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A deduction is a monetary amount subtracted from an employee’s taxable income that reduces the amount paid on a pay statement.
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Business rules can be thought of as required instructions for a system to accurately process information.
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A job can have defined attributes or describe a specific role.
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