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Payroll Contract Accumulators

Special accumulator records are maintained for each Contract ID for each employee. These records summarize transaction information for each employee contract. They hold year-to-date values for earnings and pay, anticipated future earnings and pay, values for retro earnings and pay as well as the escrow balance and the total value of the contract.

Recompute Contract XTDs

The Recompute Contract XTDs (PYUTRC) utility recomputes the contract accumulators by summing paid transactions associated with the contract. The accumulator holds totals and breakdowns of Earnings and Paid amounts, period counts, and balances.

Total Contract Value (TCV) Calculation

The Aux Salary field on PY Pay Assignment General Information tab is set equal to the Actual Annual amount multiplied by the distribution percentage when the contract ID is not blank or null. The Total Contract Value (TCV) is set equal to the sum of the Aux Salary on the PY pay assignment records.

Running the Recompute Process

In PYUTRC, fill out the following prompts:
Enter the 'As Of' Date: This question identifies how far back we want the recomputed utility to process.  Only contracts ending after the "As Of" date will be included. 
How would you like employees selected? ID - Select by ID, PC - Select entire pay cycle SC - Select by Selection Criteria. Standard Selection Criteria to run the process on only selected employees.

Contract Accumulator Page

The accumulators that get created are based on paid history and current pay assignment data. Contract Accumulators (PYUPCX) represent a "To Date" accumulation of values under that Contract ID.

Contract Summary Tab

The PYUPCX Contract Summary tab organizes and displays the basic information contained in the new PY Contract Accumulator.

Contract Assignments Tab

This view shows information from the pay assignments that belong to a Contract ID. In an effort to gain the most use from this view, the information shown from each pay assignment is configured in common codes. References common codes PYFG/PY347C and PYFG/PY347C01.

User Defined Values Tab

This view displays the 20 user-defined values that are part of the Contract Accumulator Record. Each of these user-defined totals is defined in Common Codes. References common PYFG/CNTRCTUS, PYFG/CNTRCTU2 and PYFG/CNTRCTU3.

 

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