Delivered Elements for Retirement Allowances

Global Payroll for Japan delivers these elements for processing retirement allowances:

• Earning element (ER RET ALW).

  Use this element when entering the earning amount of an employee's retirement allowance through positive input.

• Accumulator (ER AC RET ALW EARN).

  This elements stores the earning amount of the retirement allowance. It has two members: earning element, ER RET ALW, which you populate through positive input, and the accumulator ER AC RET CUST ERN, which has no contributing members as delivered. You can have additional earnings contribute to ER AC RET ALW EARN by adding earning elements as members of that accumulator.

• Deduction elements (IN TAX RET, IH MUNIC RET), and (IH PREFT RET).

  The system uses these elements to calculate income tax, municipality tax, and prefecture tax for retirement allowances.

• Process list (JPRRET).

  This is the process list that is associated with the delivered run type element.