Redwood Earnings and Deductions Uptake: Fast Formula Changes for Template Generated Elements

Make the recommended changes to the fast formulas for template-generated elements for a seamless integration with the Redwood Earnings and Deductions page.

Update the existing template-generated elements for Court Orders, Student Loans, and Postgraduate Loans. These recommended changes will update the Auto Indirect fast formula to correctly return RESET_DIR_CARD_COMP_ID, ensuring proper reset handling for the calculations when using the new Earnings and Deductions page.

Note: There's no impact if you haven’t yet taken up the Redwood page for Earnings & Deductions. Ensure that you make the fast formula changes only after the upgrade process is complete. 

These changes enable you to make the processing history visible while using the Redwood Earnings and Deductions page.

Steps to enable and configure

As part of the feature upgrade process for Redwood Earnings & Deductions page uptake, make the below recommended changes and recompile the fast formulas. Here's how you can do this:

  1. Go to My Client Groups -> Show More -> Fast Formulas.
  2. Select the appropriate LDG for the UK. 
  3. Identify impacted Court Order, Student Loan, and Postgraduate Loan elements.
  4. Open the corresponding _INVDED_AUTO_INDIRECT fast formula. 
  5. Apply the changes mentioned below for court orders, student loans and postgraduate loans, as required.
  6. Save your changes and recompile the formula. 

Formula Naming Convention: <ELEMENT NAME> || '_INVDED_AUTO_INDIRECT'.
Example: Attachment of Earnings Fine_INVDED_AUTO_INDIRECT

Here are the recommended changes for Student Loan and Postgraduate Loan elements:

  • Add a_ret_comp_id = EMPTY_NUMBER_NUMBER after a_ret_cpe_id = EMPTY_NUMBER_NUMBER 
  • Add a_ret_comp_id[i_cnt] = l_comp_id after a_ret_cpe_id[i_cnt] = i_card_id
  • Add “RESET_DIR_CARD_COMP_ID” = a_ret_comp_id after ' 'TAX_UNIT_ID'' = a_ret_tu_id
  • Replace return ''CALC_BREAKDOWN_ID'',''DEDUCTION_CARD_ID'', ''TAX_UNIT_ID'' with return ''CALC_BREAKDOWN_ID'',''DEDUCTION_CARD_ID'', ''TAX_UNIT_ID'',''RESET_DIR_CARD_COMP_ID''

Here are the recommended changes for Other Court Order Types:

  • Add a_ret_comp_id = EMPTY_NUMBER_NUMBER after a_ret_cb_id = EMPTY_NUMBER_NUMBER
  • Add a_ret_comp_id[i_cnt] = l_comp_id  after a_ret_cb_id[i_cnt] = i_cb_id
  • Add “RESET_DIR_CARD_COMP_ID” =  a_ret_comp_id after ''TAX_UNIT_ID'' = a_ret_tu_id
  • Replace return ''CALC_BREAKDOWN_ID'',''REFERENCE_CODE'', ''TAX_UNIT_ID'' with  return ''CALC_BREAKDOWN_ID'',''REFERENCE_CODE'', ''TAX_UNIT_ID'', ''RESET_DIR_CARD_COMP_ID''

After you recompile your formula, the historic information for court orders, student loans, and postgraduate loans will be visible on the Redwood Earnings and Deductions page from this point onward.

Key resources

For more information, see Redwood Earnings and Deductions Page.