Loss of Pay (LOP) Adjustment: If LOP has been wrongly considered in the previous months, we need to use LOP Adjustment to set the difference in the current month.
E.g., The LOP for an employee for July is 5 days, but the LOP considered in the July payroll was 7 days which means 2 days of excess LOP has been wrongly deducted.
When processing the August payroll, the 2 days of excess LOP will be adjusted against the LOP for August.
To update the Loss of Pay (LOP) Reversal units.
On the Home Page click “Payroll”.
Scroll down to “Utilities.”
Click “Loss of Pay Adjustment”.
Select the “Month”.
Enter the Employee “Code/Name”.
The list of the employees will appear.
Click “New”.
Enter the Employee Code/Name
Select Method i.e., Payment or Recovery
Select Processing Month (the month in which you want to reverse LOP).
Select Processed month (the month in which the LOP was deducted/paid incorrectly)
Click ‘Add’.
The system will validate if there has been an LOP entry in the ‘Processed Month’.
If there is no LOP entry, the error message “No LOP days for selected months’ will be displayed.
Enter the number of days in the “Arrears/Recovery” column.
Click “Process” to calculate the arrears/recovery.
Once the process is completed the payment details will be displayed.
Click “Save”.
The same can be viewed in “Run payroll”.
To import in bulk for the employee's LOP reversal please click “Bulk import”.
Click “Download template”.
Update the details and save the file to the local drive.
Click “Choose File”.
Click “Import”.
LOP Arrear Override
This option helps to override the LOP arrear amount.
Click “LOP Arrear Override”.
Click “Download template”.
Update the details and save the file to the local drive.
Click “Choose File”.
Click “Import”.