What happens when I calculate and process transactions?

When you process transactions, you calculate and process absence plan transactions for employees who are enrolled in absence plans. You can process absence plan transactions as part of the payroll cycle or outside the payroll cycle. You process absence plan transactions as part of the payroll cycle to include updated accrual balances on pay checks.

You process absence plans transactions for both Infor and non-Infor payroll applications. Time record processing uses the Process Through date to determine which records to process. Time records are included based on the parameters you select. LP140 performs the following functions for all eligible employees who are active in an absence plans:

• Calculates the following dates on the Employee Absence Plan Master (LP31):

  • Service Begin Date

  • Accrual Start Date

  • Accrual From Date

  • Allotment Begins Date

  • Eligibility Begin Date

  • Reset Period

• Calculates accruals according to absence plan rules.

• Calculates allotments according to absence plan rules.

• Applies limits for ongoing balances, annual accruals and carryovers according to Limit plan rules.

• Transfers accruals and allotments into eligible balances according to eligibility plan rules.

• Processes Absence event usage transactions according to Payroll plan rules.

• Updates manual adjustments to absence plan balances.

• Calculates lost carryover according to carryover limit end date.