Recovering Festive Advance Payments in Global Payroll

Global Payroll enables you to make the actual festive advance payments through the Global Payroll system. However, as festive advance payments are advances, they must then be recovered through deductions in the payroll system in subsequent pay periods. Separate customary deductions corresponding to each of the festive advance types and supporting elements enable you to deduct festive advance amounts in subsequent pays. This enables you to recover the entire outstanding festive advance payments when an employee terminates.

You specify the deduction elements to be used for the recovery of the festive advances on the Festive Advance Pay Program page in HR. To ensure you select appropriate deductions on this page, the system enables you to select only deductions with a category of FA (Festive Advance). All the elements created use this category. Separate deductions are provided for recovering advances for each of the festive advance types and they are all set up identically.

The following festive advance deductions enable you to recover festive advance payments (subtracts from the FAD AC ADV AMT accumulator):

• CNY PBK — Chinese New Year Advance Recovery.

• DEEPAVALI PB — Deepavali Advance Recovery.

• XMAS PBK — Christmas Advance Recovery.

• HARI RAYA PB — Hari Raya Advance Recovery.

Note:

Deductions are delivered to recover 100% of the advance in the following period. To spread it out you should change the percentage on the deduction.