Retroactive Earnings and Recoveries Enhancement for Date Paid
We have enhanced the processing of retroactive earnings and overpayment recoveries. You can now calculate these actions as of the date paid rather than the date earned. This improves the accuracy of the calculations for employees that have had a change in jurisdiction between these times.
For complete info, see How do I configure the processing date for retroactive earnings and over-payment recoveries?
This feature provides crucial support for organizations where employees frequently change work locations, ensuring retroactive earnings and overpayment recoveries are processed according to the most current jurisdictional requirements. It enhances payroll accuracy and compliance, minimizes manual corrections, and ensures regulatory integrity when employee work locations change between the dates when earnings were originally paid and the date of recovery.
Steps to enable and configure
For complete info, see How do I configure the processing date for retroactive earnings and over-payment recoveries?
Key resources
For complete info, see How do I configure the processing date for retroactive earnings and over-payment recoveries?