Loss of Pay (LOP) Adjustment: We can use the LOP Adjustment in the current month to fix the problem of LOP being wrongly counted in the past.
For example, the LOP for an employee in July is 5 days, but the LOP considered in the July payroll was 7 days, then 2 days of excess LOP is 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 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 a LOP entry in the ‘Processed Month’.
The error message “No LOP days for selected months’ will be displayed If there is no LOP entry.
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”.
The video outlining the process is attached for your reference.