Understanding Earning and Deduction Elements

This topic discusses:

  • Earnings and deductions.

  • Calculation rules and components.

  • Automatically generated accumulators.

  • Frequency and generation control calculations.

  • Retroactivity calculations.

  • Pre process and post-process formulas.

  • Proration and rounding processing.

  • Earning and deduction assignments (by element and by payee).

  • Multiple resolutions.

  • Element categories