Employee termination type

Read-only field that shows the type of termination, such as OR.Original. See Employee Termination Types.

Termination being adjusted

Read-only field that is displayed only if Employee termination type = "AD. Adjustment". Description from the Employee Terminations record that you are entering the adjustment for.

Termination related to

Read-only field that is displayed only if Employee termination type = "RE. Related" or "RA. Related adjustment". Description from the Employee Terminations record that you are entering the related record or related adjustment for.

Description

Mandatory field. Text description for the employee's ETP record.

Termination date

Mandatory field. Employee's termination date.

Termination reason

Mandatory. Exolvo automatically displays the associated Termination type.

Termination type

Read-only field that displays the termination type associated with the termination reason that you selected.

Transitional arrangement

If an employee's employment conditions contain a redundancy or termination agreement dated before 09/05/2006, then transitional rates applied until 30/06/2012. If the employee's termination date is after 30/06/2012, then Transitional arrangement = "No" and this field is disabled.

Beneficiary deduction code

Enabled when the Termination reason is associated with a "Death" termination type. Select the deduction that will be used to pay the ETP to the employee's beneficiary.

Date of payment

Mandatory. Exolvo uses this date to determine which ETP caps and rates to apply.

If you process a termination transaction and the associated Employee Terminations record has a Date of payment that is not in the same tax year as the pay sequence being processed, processing fails and a message appears in the audit log.

Confirmed

Read-only field that indicates whether you have confirmed these termination details to protect the values from change.

Pay sequence

Read-only field that shows the closed pay sequence linked to the Employee Terminations record.

Status

Read-only field that shows the status of this Employee Terminations record: UNCONFIRMED