Add Employee Terminations Record

Now you will add Julian Garrison’s Employee Terminations record.

1. Navigate to Julian’s Employees | Payroll | Payroll | ETP tab.
2. Click Edit, and then press Insert.

   The Add Employee Terminations | Details tab appears.

3. Enter the following values:

   Field	Values
   Description	1210 Retirement
   Termination date	03/07/2015
   Termination reason	RETIREMENT
   Date of payment	03/07/2015

   

4. Click the Employment Termination Payments tab.

   Note: Exolvo copied the allowance codes from the Company Settings - Termination Allowances tab. If any of the Termination Allowances fields do not contain an allowance code or if the code is removed from the Employee Termination Payments tab, then the associated Amount field is disabled.

5. Enter the following amount:

   Field	Amount
   Retirement payment	5000.00

   

6. Check the Qualify as tax-free up to limit and Excluded/Non-excluded payment settings. The default settings should be correct, but you may need to change them for some ETP scenarios.

   Note: If the Termination Reason has Termination type = "Invalidity (permanent disability)", then all payments are "Excluded" by default.

   Exolvo derived Julian's sick leave values from his record.

   You do not need to add any other details because Julian has no leave without pay (LWOP) days.

7. Click Save.

   Note: Validation occurs when you save the record. If any settings are incorrect, an appropriate message will appear and you will need to correct the settings before you can save the record.

   A Confirm box appears.

   

8. Click Yes.

   Another Confirm box appears.

   

9. Click Yes.

Now you can check Julian's termination details.

Topic: 16655