No Forecasting |
- WFM Close stamps time entries between current time collection start and end date.
- Time entries that are in the current payroll pay period, but not within WFM Time Collection Dates, aren’t included.
- The next pay run has no reconciliation from the previous collection period.
Best Practice
If you configure Pay Current functionality without forecasting, you must configure the appropriate WFM time collection dates in Pay Setup > Pay Group in the Payroll Properties tab, in the Time Reconciliation section. If your transmit date falls before the pay period’s end date, some WFM data might be excluded from the pay transmission. It’s recommended that you set up your time collection dates so that they include all relevant WFM data up until the end of the pay period.
For example, consider a pay period from June 15 to June 28 with a transmit date of June 24. In this scenario, the WFM data for June 24 to June 28 will be excluded from the transmission. To avoid this, align your pay transmit date to your time collection dates.
See Pay Group: Payroll Properties Tab.
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Forecasting Delta |
- PPN 1:
- Actual time entries from Week 1 of current time collection period are paid.
- Week 2 does not have any time entries, so they are forecasted.
- Based on the information in the employee record, the Normal Weekly Hours and the Base Rate, the employee's salary for Week 2 is forecasted and included in regular earnings.
- Note: This information is located in the Employment Status tab of the Employment > Employment Settings screen in People.
- PPN 2:
- If the number of time entries (current collected mapped time data) are less than the normal weekly hours (forecasted earning), then the extra amount paid in previous run should be deducted.
- If the number of time entries (current collected mapped time data) are the same as the weekly hours paid (forecasted earning), then nothing should be reflected for previous run in this run.
- If the number of time entries (current collected mapped time data) are more than the weekly hours paid (forecasted earning), then extra money should be paid out in PPN 2.
- Verify Time Data shows correct time entries.
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Forecasting Delta with Pay Reduction |
- PPN 1:
- Actual time entries from Week 1 of current time collection period are paid.
- Week 2 does not have any time entries, so they are forecasted.
- Based on the information in the employee record, the Normal Weekly Hours and the Base Rate, the employee's salary for Week 2 is forecasted and included in regular earnings.
- Note: This information is located in the Employment Status tab of the Employment > Employment Settings screen in People.
- PPN 2:
- Verify that next pay period should reduce the regular hours and pay the rest under Sick Pay.
- Verify Time Data shows correct time entries.
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