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PeopleSoft Global Payroll New Zealand Student Loan Calculation Issue (Doc ID 2561951.1)

Last updated on JULY 30, 2019

Applies to:

PeopleSoft Enterprise HCM Global Payroll New Zealand - Version 9.2 and later
Information in this document applies to any platform.

Symptoms


Student Loan is getting over pay in the peoplesoft application, where as the IRD calculate less comparatively.

STEPS TO REPLICATE
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The issue can be reproduced at will with the following steps:
1) Login as Admin, process any payroll for the current period:
2) Check the Student Loan deduction in the results.
3) Compare with IRD tax calculation.
4) The system is calculating more cents.

EXPECTED AND ACTUAL BEHAVIOR
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Actual: For the Monthly Gross 5416.67 the system is incorrectly calculating student loan as 455.52
Expected: The expected student loan deduction as per IRD Revenue is 455.44



Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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