Understanding the Accumulator Structure of Repayment Deductions

If you create new deductions for calculating repayments, make sure that they conform to the accumulator structure that PeopleSoft Global Payroll for United States has defined for the delivered deductions. This is to ensure that the new elements are processed correctly and are included in the appropriate gross-to-net calculations.

Note:

All of the delivered general deductions are after-tax deductions. As such, they contribute to the accumulator TOTAL DEDUCTION N that is subtracted from net pay. If you create a pre-tax deduction, you should add it to the SWT PRE TAX N and FWT PRE TAX N accumulators in addition to TOTAL DEDUCTION N. These accumulators reduce the amount of the taxable gross (GROSS).

Accumulator Structure of Repayment Deductions (LOAN)

This table describes the accumulator structure for repayments:

Accumulator Name	Contributing Elements
TOTAL DEDUCTION N	The LOAN deduction is a member of TOTAL DEDUCTION N. This accumulator is subtracted from net pay (NET). Include any repayment deductions that you create in the TOTAL DEDUCTION N accumulator.
LOAN PAYMENT	The repayment deduction (LOAN) also contributes to the LOAN PAYMENT accumulator. This accumulator is subtracted from the total amount of the loan to calculate the loan balance (LNS VR BALANCE).
GRN AC FLVYSETUP N	All employee deductions, including the LOAN and LOAN AD PYMT deductions, contribute to this accumulator. Note: This accumulator is used to process federal tax levies.

Accumulator Structure of Additional Repayments (LOAN AD PYMT)

Additional loan payments do not subtract from net pay by contributing to the accumulator TOTAL DEDUCTION N; instead, they contribute to the loan payment accumulator LOAN PAYMENT. This accumulator is subtracted from the total amount of the loan to calculate the loan balance (LNS VR BALANCE).

If you define additional nonpayroll repayments, make sure that they have the same accumulator structure as the delivered nonpayroll repayment deduction.