Is it best practice to create a completely new Payroll ID to handle employees charging to a business
Is it best practice to create a completely new Payroll ID to handle employees charging to a business unit of a different company? If a new Payroll ID is required, how do I determine data selection for my new version to process only these employees? I do not believe I can isolate the employees to pull into this new Payroll ID by business unit?
If a new Payroll ID is not required, what does setting the intercompany settlement parameter to yes do to all the other employees processing in this Payroll ID?
What is the process to transfer employees to a new company? Should I terminate the employee from the original Home Company then change the Employee Master Home Company to the new company and change the start date? Are there any other fields that need to be changed?