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    Benefits deduction monthly amount is off by a cent

    in Payroll and Global Payroll Interface (GPI) 2 comments

    Summary:

    I have a question on the benefit deductions. In semi-monthly pay period, benefits is sending the monthly amount of 19.75 as a element entry. Pay calc convert that into pay period amount of 9.88 (rounding) in each pay period. That will make a total of 19.76 in two pay periods in a month, which is off by a cent.

    Has anyone implemented any solution in the configuration to get around this ?

    I am aware that you can adjust that cent in the fast formula. That approach leads to modifying all the benefit elements fast formulas and it gets little complicated with partial deduction/arrears.

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