Overview of recurring adjustments

Typically, a recurring adjustment is a reduction in pay that is taken on a regularly scheduled basis. For example, you can set up union dues, insurance payments, or loan payments as recurring deductions.

You can also use recurring adjustments to apply positive pay amounts. These are unrelated to pay for trips executed and are applied on a regular basis. Examples include per diem pay and bonus pay.

After you record a resource’s taxable earnings and reimbursements, you release them to a pay period. You then finalize pay in the Final Settlements Folder.

  • During the Collect process, the system determines which recurring adjustments apply and creates pay details for them.

  • After you verify that all the pay details are accurate, you run the Close process. This marks all pay details as final. The system updates the balances for all recurring adjustments.

Setting up recurring adjustments is a three-step process:

  1. Setting up a pay type
    Note: The pay type defines important attributes about the recurring adjustments, such as whether it creates positive or negative pay.

  2. Creating a recurring adjustment that is based on the pay type
    Note: You can base multiple, different recurring adjustments on the same pay type.

  3. Assigning the recurring adjustment to one or more resources
    Note: If necessary, you can modify a recurring adjustment for different resources. For example, you could modify the dollar amount processed per pay period.