Riding the Wave of Innovation

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Presentation transcript:

Riding the Wave of Innovation Payroll Calculation Methods John Green Chief Software Architect

Payroll Calc Training John Green

Calculation Methods LIFE50 – used for life over 50 calculation. MATCH – will match up to 100% of corresponding deduction. If calculated benefit is greater than the deduction the benefit will be the same as the deduction. MATCHAMT – used for match maker will use pay type amount in ded ben classes instead of pay type amount in deduction benefit master. MDCREDIT – Maryland credit – used to calculate Maryland credit. MINMAXDL – This is used for head tax in Colorado. It will not take a dollar deduction unless it falls between the min and max wages. MINWAGECHECK – will adjust deduction so net pay will not be less than minimum wage. alio-2851

Calculation Methods NJRETIRE – used for New Jersey retirement. NONEG – will not allow a deduction to go negative. NONEGWG – will not allow a pay subject to go negative. Alio-2499 NOREFUND – will not give money back. - alio-5032 OKCREDIT – used for Oklahoma credits. PAYPERAMT – takes annual amount and divides by tax factor alio- 3289 PTDWAGES – looks through all ded ben plans and compares the YTD payment amount with the plan max

Calculation Methods REDUCEDB– will reduce a deduction benefit amount by a pay type. SETTAXZERO – Used to set taxes to zero if net pay is less than zero. SSBS – social security benefit state. This is a New Jersey calc method for social security benefit state. Alio-587 SYNCAMT – syncs pay subject to for social security limits. TAXTABLE – used for tax tables. USECRED – this tells the system to use the credit amount in the plan (used for Wisconsin Taxes)

Calculation Methods SSCREDIT – Social security credit. This should not be used it is not legal. We did it for a Connecticut customer that thought we could bank credits for social security wages and apply them to future social security positive pay. DO NOT USE. Alio-2071 SSCREDITFX – Allowed the system to self-correct social security credit. DO NOT USE.

Additional Training If you are interested in other alio WebEx group training sessions, you can view a list of sessions currently available at, http://www.myalio.com/web-training/ If you prefer one-on-one training, please contact your alio support provider directly for cost and scheduling information.  If you have any questions or concerns, please contact alio support at 1-800-914-9879 or by direct e-mail to wccc@hammer.net.

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