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Imputed Income Issue during Processing
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Imputed Income Issue during Processing
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Imputed Income Issue - Group Term Life calculation
The element entry $2.37 exists for the pay period (biweekly). But The employee had a $3.65 imputed earnings ( 2 separate entries on run results, one with $2.37 and one with $1.28)
There seems to be an existing proration fast formula but it is not clear why there is additional $1.28 getting added. The recurring entry had got just recreated due to employee data change but the value did not change for element entry, but the pay result had variation for pay period from 19-Dec-2021 to 1-Jan-2022
The employee is on biweekly payroll but the data seems to be getting prorated incorrectly.