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Trace: • Calculating Accrued Federal Grant and Federal Care • Calculating Employer Insurance or Annuity Contributions • Accrual Expense - HRS2950 • Mass Delete Forecast Positions - HRS6285 • ASCENDER - Using Commodity Codes
general:otherhelpfuldocuments:calculatingemployerinsuranceorannuitycontributions

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general:otherhelpfuldocuments:calculatingemployerinsuranceorannuitycontributions [2019/05/14 16:18] – created emorenogeneral:otherhelpfuldocuments:calculatingemployerinsuranceorannuitycontributions [2022/05/20 16:50] (current) – emoreno
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   * Earned Amount = (Employer Ins Contribution x Number Annual Payments)/Accrued Periods   * Earned Amount = (Employer Ins Contribution x Number Annual Payments)/Accrued Periods
   * Accrued Amount = Earn Amount - Employer Ins Contribution   * Accrued Amount = Earn Amount - Employer Ins Contribution
-  * YTD Accrue Amount = Accrued Amount x (Number Annual Payments - Number Remaining Payments)\\  \\  **Note**:  For nonstandard employees, the system checks contract dates to help establish the beginning school YTD (e.g., if the contract begin date is 7/1/2004, then the system knows the monies belong to school YTD for 2005).+  * YTD Accrue Amount = Accrued Amount x (Number Annual Payments - Number Remaining Payments)\\  \\  **Note**:  For nonstandard employees, the system checks contract dates to help establish the beginning school YTD (e.g., if the contract begin date is 7/1/2021, then the system knows the monies belong to school YTD for 2022).
   * Pay History Accrued Employer Ins Contribution = YTD Accrue Amount - School YTD Job Accrue Employer Ins Contribution   * Pay History Accrued Employer Ins Contribution = YTD Accrue Amount - School YTD Job Accrue Employer Ins Contribution
    
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   * Earned Amount = ((Employer Ins Contribution x Accrual Adjusted Percent) x Number Annual Payments)/Accrued Periods   * Earned Amount = ((Employer Ins Contribution x Accrual Adjusted Percent) x Number Annual Payments)/Accrued Periods
   * Accrued Amount = Earn Amount - (Employer Ins Contribution x Accrual Adjusted Percent)   * Accrued Amount = Earn Amount - (Employer Ins Contribution x Accrual Adjusted Percent)
-  * YTD Accrue Amount = Accrued Amount x (Number Annual Payments - Number Remaining Payments)\\  \\  **Note**:  For nonstandard employees, the system looks at contract dates to help establish the beginning school YTD (e.g., if the contract begin date is 7/1/2004, the system knows the monies belong to school YTD for 2005).\\  \\  Pay History Accrued Employer Ins Contribution = YTD Accrue Amount - (School YTD Job Accrue Employer Ins Contribution x Accrual Adjusted Percent)+  * YTD Accrue Amount = Accrued Amount x (Number Annual Payments - Number Remaining Payments)\\  \\  **Note**:  For nonstandard employees, the system looks at contract dates to help establish the beginning school YTD (e.g., if the contract begin date is 7/1/2021, the system knows the monies belong to school YTD for 2022).\\  \\  Pay History Accrued Employer Ins Contribution = YTD Accrue Amount - (School YTD Job Accrue Employer Ins Contribution x Accrual Adjusted Percent)
  
  
general/otherhelpfuldocuments/calculatingemployerinsuranceorannuitycontributions.1557850706.txt.gz · Last modified: 2019/05/14 11:18 (external edit)

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