Staff accounting> Setup> Calculation> Funds

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Staff accounting> Income tax> Setup> Off-budget funds> Off-budget funds

You can set up funds to automatically define the tax base for Consolidated Social Tax (CST), and to define the structure of payment types that are used to calculate sick pay, vacation pay, maintenance, and other benefits. This form also allows you to create and modify off-budget funds or the calculation basis.

Task that uses this form

Navigating the form

The following tables provide descriptions for the controls in this form.

Tabs

Tab

Description

Overview

Create or modify details such as fund type, fund code, name for off-budget funds, and basis for calculation.

General

View or modify details about the transaction account type, transaction account, offset account type, offset account, and dimensions for off-budget funds.

Note Note

This tab is available only through Staff accounting> Setup> Calculation> Funds.

Pay types

Select the payment types that are entered in the fund.

Note Note

This tab is available only through Staff accounting> Setup> Calculation> Funds.

Deductions and reliefs

View details such as name and description of a deduction code.

Note Note

This tab is available only through Staff accounting> Income tax> Setup> Off-budget funds> Off-budget funds.

Posting profile

View or modify details such as grouping used for the posting profile, account details, and dimension code details for the posting profile and off-budget funds.

Note Note

This tab is available only through Staff accounting> Income tax> Setup> Off-budget funds> Off-budget funds.

Buttons

Button

Description

Dependencies

Open the Dependenciesform to view information about the counter or statistics statement where the selected off-budget fund or calculation basis is used.

Funds totals

Open the Payments to off-budget funds (totals)form to view information about total payments to off-budget funds.

Note Note

This button is activated only when the fund type is selected as Off-budget fund.

( Pay types)

<<

Move all items from Remainingto Selected.

<

Move selected item from Remainingto Selected.

>

Move selected item from Selectedto Remaining.

>>

Move all items from Selectedto Remaining.

( Deductions and relief)

<< (b)

Move all items from Remainingto Selected.

< (d)

Move selected item from Remainingto Selected.

> (g)

Move selected item from Selectedto Remaining.

>> (i)

Move all items from Selectedto Remaining.

Fields

Field

Description

Fund type

Select the fund type from the following options:

  • Off-budget fund– The fund used for calculating payments to off-budget funds.

  • Basis for calculation– The fund used to aggregate the pay types and generate the calculation basis for vacation, sick leave, and other benefits.

Fund code

Enter a unique fund code to identify the off-budget fund or calculation basis.

Name

Enter the name of the off-budget fund or the basis for calculation.

Rate (value)

Select the rate that determines the percentage paid into the fund.

Rate (reference)

Select the rate that determines the need to make payments into the fund by the employee.

( Deductions and relief) Selected

The selected list of deduction codes.

( Deductions and relief) Remaining

The remaining list of deduction codes.

Account type

Select or view a transaction account type for payments to the off-budget fund from the following options:

  • Ledger

  • Customer

  • Vendor

  • Project

  • Fixed assets

  • Bank

  • Outdated

  • FA number

  • Adv. Holder

  • Deferrals

  • Petty cash

Account

Select or view a transaction account for payments to the off-budget fund.

Offset account type

Select or view an offset transaction type for payments to the off-budget fund from the following options:

  • Ledger

  • Customer

  • Vendor

  • Project

  • Fixed assets

  • Bank

  • Outdated

  • FA number

  • Adv. Holder

  • Deferrals

  • Petty cash

Offset account

Select an offset transaction account for payments to the off-budget fund.

Department

Select a transaction Departmentdimension code for payments to the off-budget fund.

Cost center

Select a transaction Cost centerdimension code for payments to the off-budget fund.

Purpose

Select a transaction Purposecode for payments to the off-budget fund.

Selected

The selected list of pay types.

Remaining

The remaining list of pay types.

Cost account relation

Select from the following options:

  • Table– The posting profile is defined for ledger accounts with Costtype.

  • Group– The posting profile is defined for ledger accounts with Totaltype.

  • All– The posting profile is common to all ledger accounts.

Cost account

Select a Costor Totaltype account number, depending on the grouping you specified in the Cost account relationfield.

Fund cost account

Select a Costtype account number to post to the ledger.

See Also