TRAVERSE Global v11.1

Employee Deduction Formula

1. The deduction Code selected for the employee on the Deductions tab is displayed.
2. Each Period Code 1-5 you entered for the deduction is displayed.
3. The Amount or Percent of the deduction is displayed.
4. The Balance is displayed if this is a declining balance deduction.
5. Select the Formula ID to use to calculate the deduction. Use the Formulas function to set up formula IDs. The formula ID will default into the field from the deduction code setup.
6. Enter or edit the Override Factors for the selected formula.