Delivered General Deductions

The PeopleSoft system delivers a number of general deductions for the U.S. that demonstrate the flexibility of Global Payroll rules to meet common processing requirements such as repayment and garnishment calculations.

In this table, the first column combines the name and description of the delivered deductions. The other columns indicate the calculation rule components, such as Unit, Rate, Percent, and Amount, and the pre-process and post-process formulas for each deduction.

Note:

Calculation rule components that do not apply to a general deduction are designated Not Applicable (NA).

Name/Descr.	Unit	Rate	Base	%	Amount	Pre- and Post- Process Formula
CREDIT UNION Credit Union	NA	NA	NA	NA	Payee level
UNITED WAY United Way	NA	NA	NA	NA	Payee level
HOLIDAY FUND Holiday Fund	NA	NA	NA	NA	Payee level
LOAN Company Loan	NA	NA	NA	NA	Payee level	Post-LNS FM PYMTS
LOAN AD PYMT Company Loan Amount	NA	NA	NA	NA	Payee level	Post-LNS FM ADD PYMT
GARNISHMENT Garnishment	NA	NA	NA	NA	Payee level	Pre-GRN FM PRE PRCS Post-GRN FM PST PRCS
BOND PURCH Purchase Bonds	BND FM PURCHASE	BND VR PRICE	NA	NA	NA	Pre-BND FM SET DRIVER

Note:

Except for BOND and BOND PURCH, the general deductions are defined as PS Delivered/Not Maintained. This means that you can use them as delivered, modify them, or replace them with new elements.

Credit Union

The CREDIT UNION deduction has a calculation rule of Amount and is used to calculate contributions to a company savings plan. Define the amount at the payee level using the Element Assignment by Payee (GP_ED_PYE) and Payee Assignment by Element (GP_ED_ELEM) components, or positive input.

United Way

The UNITED WAY deduction has a calculation rule of Amount and is used to calculate United Way contributions. Define the amount at the payee level using the Element Assignment by Payee (GP_ED_PYE) and Payee Assignment by Element (GP_ED_ELEM) components, or positive input.

Holiday Fund

The HOLIDAY FUND deduction has a calculation rule of Amount and is used to define holiday savings accounts. Define the amount at the payee level using the Element Assignment by Payee (GP_ED_PYE) and Payee Assignment by Element (GP_ED_ELEM) components, or positive input.

Loan

The LOAN deduction has a calculation rule of Amount and is used to calculate regularly scheduled loan payments. Define the amount, the loan repayment schedule, and other information related to the loan at the payee level using the Request Repayments USA page.

Loan Additional Payment

The LOAN AD PYMT deduction is for additional, one-time payments that a loan recipient may choose to make outside of the standard repayment schedule. It has a calculation rule of Amount; define the amount, payment date, and other information related to the additional loan at the payee level using the Request Repayments USA page.

Note:

The deduction LOAN AD PYMT is referred to as a non-payroll loan payment. Although it is processed by the payroll system, it does not reduce the amount of net pay (it is not included in the standard gross to net calculation); instead, it directly reduces the loan balance.

Garnishment

The GARNISHMENT deduction has a calculation rule of Amount and is used to calculate child, spousal, or dependent support deductions, tax levies, creditor garnishments, delinquent student loans, and other types of garnishments. Define garnishment information at the payee level using the Assign Garnishments USA component.