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tax compensation configured with a rate and a threshold to calculate starting Jan or hiring month — Cloud Customer Connect
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tax compensation configured with a rate and a threshold to calculate starting Jan or hiring month

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edited Oct 12, 2022 4:33PM in Planning 5 comments

Summary:

In Workforce, tax compensation configured with threshold and rates calculates starting the start period of a forecast even though the employee start month is before that starting period of the forecast.

Content (required):

Fiscal year starts in January.

The forecast scenario starts in September period which is the current/open month.

The employee start date is 2/1/2022 and start month as February.

Because of the type of business, big rotation takes place every month.

We were expecting that the (Synchronize default) rule calculates the tax with the threshold in place considering the employee is active since February 2022. This means that the tax won't calculate for the rest of the forecast months as it will hit the thresholds let's say in July. But, the tax compensation configured with threshold and rates calculates starting the start period of a forecast even though the employee start month is before that starting period of the forecast.

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