Creating New Termination Earnings and Deductions

Page Name

Definition Name

Usage

Supporting Element Overrides Page

GP_ELM_DFN_SOVR

Associate earnings and deductions with termination versions.

Earn/Dedn SOVRs MEX Page

GPMX_ERNDED_SOVR

Define which earnings and deductions should be paid or deducted for each termination version.

Earnings - Calculation Page

GP_ERN_DED_CALC

Associate a generation control element with an earnings or deduction element.

Field-by-Field Definition Page

GP_FORMULA1

Define a generation control formula.

Variables - Definition Page

GP_VARIABLE

Define a new variable to represent a termination version.

PeopleSoft delivers a number of sample termination earnings and deductions. You can modify these elements to fit your needs, or create new termination elements using the delivered elements as your guide.

If you create new termination earnings and deductions, you must associate them with the delivered termination versions to which they correspond.

Note: The sample termination earnings and deductions are discusses in another topic.

See Understanding Termination Payments.

Earnings and Deductions That are Paid as Part of Each Termination Version

To specify the earnings and deductions that should be paid or deducted as part of each termination version, you have two options:

  • Using the Supporting Elements Override page of the Earnings component or Deductions component in the core application, associate any of the 10 delivered variables (LF VR VER FINIQ 01 through LF VR VER FINIQ 10) with each new earnings or deduction element. These variables represent up to 10 different termination versions.

  • Using the Earn/Dedn SOVRs MEX page in Global Payroll for Mexico, define which earnings and deductions should be paid or deducted as part of each termination version. This page enables you to insert a supporting element override (SOVR) at the earnings or deduction level.

See Understanding Earning and Deduction Elements.

Override Values for Variables Associated with the New Earnings and Deductions

To specify the override values of the variables (LF VR VER FINIQ 01–10) you associated with the new earnings and deduction elements, you have two options:

  • Use the Values tab on the Supporting Elements Override page.

    On this tab, specify which termination versions defined on the Termination Versions page will be represented by the variables LF VR VER FINIQ 01−10.

  • Use the Earn/Dedn SOVRs MEX page in Global Payroll for Mexico.

Paying New Earnings and Deductions When a Payee is Terminated

To pay the new earnings or deduction only when a payee is terminated and only as part of its corresponding termination version, assign the generation control element LF GC VER FINIQ to the earnings or deductions on the Calculation page of the Earnings component or Deductions component using the Generation Control field.

Creating More than 10 Termination Versions

To create more than 10 termination versions, complete these steps using the delivered termination elements as your model:

  1. Define a new termination version on the Termination Version and Action/Reasons MEX pages (VER11, for example).

  2. Create additional variables using the Variable component for each termination version in excess of 10 (LF VR VER FINIQ 11, for example).

  3. Using the Supporting Elements Override page of the Earnings component or Deductions component in the core application, add the new variable to all of the earnings and deductions that you want to make part of this version.

    Note: Remember to set the value of this variable to VER11 to represent the new termination version.

  4. Modify the LF GC VER FINIQ generation control formula to include this new variable as part of the comparison process that determines whether the variable LF VR VER FINIQ EE, inserted as a supporting element override at the payee level, equals the new variable that you created.

    This is a generation control formula before and after the modification:

    Before Modification:

    If LF VR VER FINIQ EE <> " And LF VR VER FINIQ EE In (LF VR VER FINIQ 01 LF VR VER FINIQ 02 LF VR VER FINIQ 03 LF VR VER FINIQ 04 LF VR VER FINIQ 05 LF VR VER FINIQ 06 LF VR VER FINIQ 07 LF VR VER FINIQ 08 LF VR VER FINIQ 09 LF VR VER FINIQ 10 ) Then

    1 >> LF FM VER FINIQ GC

    Else

    0 >> LF FM VER FINIQ GC

    Endif

    After Modification:

    If LF VR VER FINIQ EE <> " And LF VR VER FINIQ EE In (LF VR VER FINIQ 01 LF VR VER FINIQ 02 LF VR VER FINIQ 03 LF VR VER FINIQ 04 LF VR VER FINIQ 05 LF VR VER FINIQ 06 LF VR VER FINIQ 07 LF VR VER FINIQ 08 LF VR VER FINIQ 09 LF VR VER FINIQ 10 LF VR VER FINIQ 11) Then

    1 >> LF FM VER FINIQ GC

    Else

    0 >> LF FM VER FINIQ GC

    Endif