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About Delivered 'Guarantee' Field On Individual's Payout Page (Doc ID 2546101.1)

Last updated on DECEMBER 19, 2019

Applies to:

PeopleSoft Enterprise HCM Human Resources - Version 9.2 to 9.2 [Release 9]
Generic (Platform Independent)

Goal

Qn1: If a Guarantee amount is entered for an employee for a plan, it is applicable only for payout period or plan life period?
 
Qn2: Where can the Guarantee amount be changed before payout is processed ?Where can it be tracked?
 
Qn3: What is the depiction logic of Guarantee report delivered?
 
Qn4: If we opt for 'proration' based on 'Monthly' frequency and set prorate periods accordingly, Does it help in determining 'proration factor calculation' based on 'Hire Date' of the employee when he is enrolled to that VC plan. what is the basis for calculation of proration here, is it Hire date in HCM or enrolment date to VC plan?


Qn5: If we want to calculate proration based on Hire date into HCM what is the best fit delivered technique you suggest?
 

Solution

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