Create a Net Guarantee Element

A net guarantee element or (Fr: Garantie au net) need to be created to manage a deduction.

When defining the Collective agreement applicable for your company, set the “Net guaranteed Income” flexfield to ‘Yes’.

To create a new Net Guarantee element:

Navigation: My Client Groups > Payroll > Elements

1. Click Create.
2. In the Create Element window, select the appropriate Legislative Data Group, Regular Earnings as the Primary Classification and select Net Guaranteed as the Secondary Classification.
3. In the Create Element: Basic Information page, type a Name, Reporting Name and Effective Date for the element.
4. Complete the questions, as shown:

   QUESTION/ FIELD	RESPONSE
   Should every person eligible for the element automatically receive it?	Yes
   *What is the earliest entry date for this element?	First Standard Earnings Date
   *What is the latest entry date for this element?	Final close
   At which employment level should this element be attached?	Assignment Level
   Does this element recur each payroll period, or does it require explicit entry?	Recurring
   Process the element only once in each payroll period?	Yes
   Can a person have more than one entry of this element in a payroll period?	No
   Process and pay element separately or with other earnings elements?	Process and pay with other earnings
   What is the default periodicity of this element?	Calendar Month
   Periodicity Conversion Rule	Standard Rate annualized
   How do you want the work units to be reported?	None
   Is this element subject to proration?	No
   Is this element subject to retroactive changes?	Yes
   Retro Group	Entry change for Retro
   Is this earning included in the overtime basis	No
   Is this earning comparable with SMIC:	No
   What is the DSN code:	Leave Blank

5. In the Element: Review page, verify the information and click Submit to create the new element.
6. The Element Creation confirmation pop-up window appears. Click OK.
7. In the Element Overview panel, select Actions > Create Element .
8. On the Element Eligibility page, enter a name in the Element Eligibility Name field and click Submit.
   Note: By entering only a name and no eligibility criteria, the element is eligible for all employees.
9. Modify the following properties:
   1. Processing priority: 3000 (later than other earnings element)
   2. Skip rule: FR Net Guarantee Skip
10. Go to advance rule:
    1. Enable Iterative Calculation : Yes
    2. Iterative Order: 100
    3. Iterative Formula : ORA_HRX_FR_GAN_ITERATIVE
11. Create Element Eligibilty for the retro element.
12. Change the processing priority to 3000 for the retro element.
    Note: This is not needed for the additional element created by the template.

    The iterative formula on Net Guaranteed element compares the Net Pay with the absence and Net Pay without the absence. A Net Guaranteed element is generated, which reduces the earnings. This iterative process continues till the Net Pay matches the Net Pay without absence.

13. On IJSS Entitlement Element that was created earlier for IJSS, navigate to Skip rules and add: FR Absences Skip.