Pay Elements - ORG or Reducing balance deduction.

By entering an opening balance, it will be reduced each pay by the amount selected. This is displayed on payslips.

The balance can be amended manually if there is an increase to the outstanding amount or if a payment has been made outside of the payroll.

When the balance reaches zero, the deduction will automatically stop.

Adding a Reducing Balance Deduction 

1. People > Select the person 
   
2. Timesheet Template 
   
3. Enter 1 in Quantity 
   
4. Select > ORG from the drop down description
   
5. Rate > Enter the amount to be deducted each pay period 
   
6. Add
   
7. Balance > Enter the Full amount outstanding
   
8. Enter > relevant details for payslip display 
   
9. Save 
   
10. If the pay is Open > Deduct Now
    

Removing a Reducing Balance Deduction 

1. People > Select the person 
2. Timesheet Template 
3. Select > ORG deduction displayed.
   
4. Balance > Enter 0
5. Enter > relevant details for payslip display 
6. Save
   
7. Select > ORG deduction displayed.
   
8. Remove 

The balance must be Zero BEFORE removing as it will be recorded as Outstanding and deducted from the final pay for this person.

For more information here iPayroll Maintained Pay Elements