Announcements for Payroll and OTL can now be found in the Announcements - Payroll and OTL - EBS (MOSC) subcategory. Follow to be sure you don't miss a thing!
Setup Retropay with Deductions - 12.2.7
We are looking to implement Retro deductions and we have some requirements to fulfill. We are currently using Retro with Earnings elements, however, we have not used retro with Deductions.
We have two major requirements that the Business Unit is looking for, which we have not done with the earning elements:
1) When Qualifying Events that take place in the prior calendar year, we need to have the retro element be a Post Tax element, where if the QE took place in the current calendar year, it would be considered a Pre-tax retro element.
a) Is it possible to have retro consider two or more elements with out any Fast Formula changes? If not, is it possible through a Fast Formula to have the system give the correct retro element, based on the when the QE took place?