Negative Employer Match on Refunded Employee 401K Contributions Not Calculating
Last updated on APRIL 13, 2018
Applies to:PeopleSoft Enterprise HCM Human Resources - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
An employee was paid for the full pay period before the pay period ended, but after the checks were issued, the employee terminated. On an off-cycle check, the earnings for the days not worked were reversed and the employee was paid out for unused leave. The employee’s savings contribution on the reversed earnings was refunded, but the corresponding employer match was not reversed.
1. Calculate payroll for the reversal of the earnings for days after termination (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Calculate Payroll).
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