Employee Record

Employee records are driver-based templates that let you plan all employee-related benefits and taxes. For example, you can set a Social Security global driver for all US employees, which populates the Social Security amount in the general ledger.

Some of the accounts in Employee records are driver-based (401K matching, for example) while others are inputs (Employee salary, for example). The columns in Employee record tables are fixed. Following are examples of Employee records for a US-based and an Australia-based employee.

Employee Table Record

To configure an Employee record

1. If you are adding a new employee, in the Start date field, type the work start date for the employee.
2. If an employee has left the company, in the End date field, type the termination date for the employee.
3. In the Type drop-down list, select the employee type (US Employee, for example).
4. In the table, do any of the following:

Employee Record Setup Options

Option	Description
Amount	List the amount assigned for each account. You can override any value in a cell.
Frequency	Select a time frequency to determine the number of payments (for example, Annually, Quarterly, Monthly, etc.).
Increase	Type a dollar amount or a percentage to apply an increase to the account. For example, you might type 7% for a yearly salary increase, or $2000 for a one-time bonus.
Increase Date	Type or select a date on which to apply any value in the Increase column.
Repeat	Select a time frequency to determine how often to pay each account. For example, you might select Biweekly for the Salary account.
5. To apply your changes, click Save.