Create Credit Card Perquisite Element

This example shows how to use the element template and create a credit card perquisite element for India.

Use the Elements task in the Payroll section of My Client Groups to create the element and the eligibility record.

Note: Set the Product Offering to India before creating the perquisite element.

To create a credit card perquisite element:

Navigation: My Client Groups > Payroll > Elements

1. On the Elements page, select Create.
2. Complete these fields, as shown in this table:

Field	Value
Legislative Data Group	Select an appropriate LDG
Primary Classification	Perquisites
Secondary Classification	Employer Payments
Category	Standard

3. Select Continue.
4. On the Basic Information page, complete the fields, as shown in this table:

Field	Value
Name	Enter a name, example: Credit Card Perquisite1
Reporting Name	Enter the name that you want to display on reports for this deduction payroll element
Effective Date	Enter an early date so that the payroll element is available for use immediately
Input Currency	Indian Rupee
Should every person eligible for the element automatically receive it?	No
What is the earliest entry date for this element?	First Standard Earning Date
What is the latest entry date for this element?	Last Standard Earning Date An element's latest entry date decides how element entries process after a person leaves from organization or transfers to another payroll. This is before a pay period end date. If you select this date, then you need to enable proration, so the calculation will be correct if a person leaves.
At which employment level should this element be attached?	Assignment Note: Assignments are associated with jurisdictions, which determine the required tax calculations
Does the element recur each payroll period, or does it require explicit entry?	Select Recurring or Nonrecurring
Process the element only once in each payroll period?	Yes
Can a person have more than one entry of the element in a payroll period?	No
Process and pay element separately with other earnings element?	Select one of the options: Process and pay with other earnings Process separately, but pay with other earnings Process separately and pay separately

5. Select Next. On the Additional Details page, respond to the questions in Perquisite Rules,, as shown in this table:

Question	Value
Perquisite Name	Select Credit Card from the list
Perquisite Category	Select as Monetary or Nonmonetary.
Project Taxable Value	Select No
Is this element subject to proration?	Select Yes or No
Is this element subject to retroactive changes?	Select Yes or No

6. Select Next and verify the information in the Create Element: Review page.
7. Submit the element details.
   On the Element Summary page, update the newly created element details.
8. In the Element Overview section, select Element Eligibility.
9. Select Actions and then Create Element Eligibility.
10. In the Element Eligibility Name field, enter a name for the eligibility record.
11. In the Eligibility Criteria section, select any criteria to restrict who can pay this deduction. Otherwise, select All payrolls eligible.
12. Submit the details. All the associated balances, feeds, input values, formulas, and related elements required for payroll processing gets created automatically.