Reference: Compare Pay Components, Groups, Accumulations, and Balances
Definition | Create Task | Where to Set Up for Display | Return Value | |
|---|---|---|---|---|
Pay Component
| Generic term for anything that can add to or subtract from a worker's net pay. Includes:
|
| Create Earning or Create Deduction task, in the Related Calculations section (scroll to the right). | Displays on the View Payroll Results report and on workers' payslips. |
Pay Component Group
| Adds the values of pay components in the group. Examples:
Pay component groups always filter by worktag. | Create Pay Component Group
| Create Pay Component Groups task, in the Pay Component Usage field. | Returns a single gross-to-net value each time it's referenced. Displays on the View Earning and View Deduction reports in the:
|
Pay Accumulation
| Adds or subtracts the values of included:
You can configure the pay accumulation to filter the values by worktag. For Payroll for the UK, it's important to associate the UK Payroll ID worktag with pay accumulations. | Create Pay Accumulation
| Create Pay Accumulation task, on the Calculate/Display Exceptions tab. | Returns a single gross-to-net value each time it's referenced.
Displays on the Pay Accumulations/Balances tab on the View Payroll Results report. |
Pay Balance
| Adds the values of one or more pay component balances over time. Example: the year-to-date balance of a loan repayment.
Can include:
You can configure the pay balance to filter the values by worktag. For Payroll for the UK, it's important to associate the UK Payroll ID worktag with pay balances. | Create Pay Balance
| Create Pay Balance task, in the Display on Result check box. | Returns a value for a balance period, such as:
Displays on the Pay Accumulations/Balances tab on the View Payroll Results report. |