Accruals Overview
1:55
Description
Related Videos
An accrual policy defines how and when balances associated with accrual codes are credited and debited.
View More
View Less
1:55
An accrual policy defines how and when balances associated with accrual codes are credited and debited.
A deduction is a monetary amount subtracted from an employee’s taxable income that reduces the amount paid on a pay statement.
2:49
A job can have defined attributes or describe a specific role.
1:02
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.
0:56
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.
1:33
Taxes are calculated based on locations. A location is the physical location where the employee works, which determines the worked-in state/province income tax and/or local income tax.
1:08
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.
2:26