Summary

If an employee's termination includes ETPs, then you must create an Employee Terminations record before you terminate the employee. When you add the employee's termination transaction, PayGlobal copies their termination date and reason from the Details tab.

Fields

Employee termination type:

Read-only field that shows the type of termination:

• OR. Original
• AD. Adjustment
• RE. Related
• RA. Related adjustment.

See Employee Termination Types.

Termination being adjusted:

Read-only field that is displayed only if Employee termination type = "AD. Adjustment". Description from the Employee Termination record that you are entering the adjustment for.

Termination related to:

Read-only field that is displayed only if Employee termination type = "RE. Related" or "RA. Related adjustment". Description from the Employee Termination record that you are entering the related record or related adjustment for.

Description:

Mandatory field. Text description for the employee's ETP record.

Termination date:

Mandatory field. Employee's termination date.

Termination reason:

Mandatory field. Select a Termination Reasons record to explain why the employee is being terminated.

Note: You can use F6 Audit Analysis to view the history of the Termination Date and Termination Reason fields.

Termination type:

Read-only field that displays the termination type associated with the Termination Reason that you selected (see Termination Reasons - Details).

PayGlobal checks the employee’s age when you:

• Save an Employee Termination record that has a Termination Reason with Termination type = "Bona-fide redundancy or approved early retirement". If the employee is older than the retirement age (the pension qualifying age based on the employee's age on termination), then the following warning appears:

  “This employee has been terminated with “Bona-fide redundancy or approved early retirement” termination type and is [current pension qualifying age for the employee] years or older. These types of terminations are not valid for employees of this age. Do you wish to proceed in saving the record?”

• Process a Employee Termination transaction that has a Termination Reason with Termination type = "Bona-fide redundancy or approved early retirement". If the employee is older than the pension qualifying age, then the following warning appears in the audit log:

  “This employee has been terminated with “Bona-fide redundancy or approved early retirement” termination type and is [current pension qualifying age for the employee] years or older. These types of terminations are not valid for employees of this age. Check this record before proceeding.”

Transitional arrangement:

If an employee's employment conditions contained a redundancy or termination agreement dated before 09/05/2006, transitional rates applied until 30/06/2012. If the employee's termination date is after 30/06/2012, then Transitional arrangement = "No" and this field is disabled.

Beneficiary deduction code:

Enabled when the Termination Reason is associated with a "Death" termination type. Select the deduction that will be used to pay the ETP to the employee's beneficiary.

Date of payment:

Mandatory field. Date that the ETP will be paid.

If you process a termination transaction and the associated Employee Terminations record has a Date of payment that is not in the same tax year as the pay sequence being processed, processing fails and the following message appears in the audit log:

“This employee’s ETP is being paid on [EmployeeTermination.PaymentDate], but the ETP is being processed in tax year [TransPerPaySequence.YTDCode]. The employee must be processed in a pay that occurs in the same tax year as the ETP payment date.”

Confirmed:

Read-only field that indicates whether you have confirmed these termination details to protect the values from change.

Pay sequence:

Read-only field that shows the closed pay sequence linked to the Employee Termination record.

Status:

Read-only field that shows the status of this Employee Termination record:

• UNCONFIRMED
• CONFIRMED
• CLOSED
• SUPERSEDED.