Clear Accumulated Balances
Enables you to periodically clear the accumulated balances for selected pay elements at the appropriate time – for example, at the end of the calendar year. It enables you to create a list of the pay elements for which you want to clear the accumulated balance. When you commit to the list and exit the screen, the system clears the balances.
Note: You set up accumulating balances for pay elements in the Balance Fields section of Processing Control Flags.
General
Code
Enter a pay element for which you want to clear the accumulated balance.
Desc
Display only. Pay element description.
Clear Ee’s
Enter Y to clear the employee’s contribution to the balance.
Clear Er’s
Enter Y to clear the employer’s contribution to the balance.
MD572S1