Disbursements/Pension Payroll Process (Online)

The Disbursements/Pension Payroll process calculates monthly pension amounts, and/or retrieves lump sum payments, for each selected client, and plan. When posted, the data populates the Disbursements folder of the appropriate payee (member, ex-spouse, beneficiary) on the member record. To determine the net payment, the system calculates and subtracts standard withholding, personal exemption, and service taxes (where appropriate) for each payee in addition to withholding deductions such as medical, dental and garnishees. Associated reports include Payroll Register and Reconciliation, which can be printed or exported in various formats. Pension and lump sum payments generated by termination, retirement, death, marriage payout calculations, etc. must be processed through a Disbursement batch before cheques or EFTs can be generated.

The individual process events in the Disbursements process are meant to be run in sequence.

Host Events

Description

Supporting Views

Payroll Batch Process

(DB Example, DC Example)

Creates a disbursement buffer.

  • Pension Payments

  • Lumpsum Payments

  • Cheques

  • Errors

View Payroll Buffer

(DB Example, DC Example)

Displays the disbursement buffer.

  • Cheques

  • Total Payments

  • Lumpsum Payments

View Payroll Register

(DB Example)

Generates a report based on the disbursement data.

 

Post Payments

(DB Example, DC Example)

Posts the data to the appropriate member records.

 

Create Cheque File

Launches the Cheques batch wizard.

 

Create EFT File

Launches the EFTs batch wizard.

 

ACH Update- Cheques cashed

Launches the ACH import batch wizard to import a flat file of ACH data.

 

ACH Update- Post buffer

Posts the ACH data imported by the ACH import batch wizard to the members' Cheque Registers.

 

Reconciliation - All payments

Displays a list of all payment records.

 

Reconciliation - Differences

Lists all payment records where differences occurred (since previous run)...a run to run comparison.

 

Reconciliation - Different payments

Lists only those payment records where the payment was different (since previous run).

 

Reconciliation - Summary

Compares Current to Previous Totals, for Gross, Net, and Tax Amounts.

 

Reconciliation - New payments

Displays a list of new payment records (since the previous run).

 

 

For more information, see About Web Administrator Processes.

Build 1136

See Also