Add Workers Compensation Code Detail

This workflow associates a workers comp code with a corporation.

Permission for this component is granted via the manage workers compensation codes permission under the financial administration category; default with financial administration security profiles.

  1. From the Manage Workers Compensation Code segment click the Add button below the list box.

  2. The Add Workers Comp Detail workflow opens in a new window.

    While updating the form, fields marked in red are required to complete the workflow. Click on the buttons to the right of certain fields to open a new window which will allow you to search and select options related to that specific field. The code and description can be up to 20 alpha-numeric characters; the code must be a unique value.

    1. Workers Comp Code - Select the appropriate code.
    2. Corporation - Select the Corporation for which this Workers Comp detail applies.
    3. State - Select the State for which the Workers Comp rate will be applied.
    4. State Rate Type - is either hours or dollars.
    5. State Rate – Enter the rate used to calculate workers compensation premiums. This rate will be used in calculating actual burden.
    6. Effective Date – The date on which this workers comp rate becomes effective.
    7. Include Overtime as Premium - If this flag is checked Overtime rates will be calculated as 1.5 times Regular rates. (The flag is unchecked by default)
    8. Branch - This allows the user to specify differing rates by Branch. If there are no branches selected in the Workers Comp Detail, the rate entered will be applied to ALL branches.
    9. Employer Burden Rate – Enter the rate to be used when calculating accrued burden.
    10. Employee Tax Type – Select the appropriate type of withholding for this workers comp code (only necessary for states with employee paid workers compensation).
    11. Employee Tax Rate – Enter the rate of withholding from the employee. The amount entered depends on the Employee Tax Type selected. Only necessary for states with employee paid workers compensation.
    12. Click complete to finish the workflow and add the detail record.
    13. The new workers compensation code is visible in the list box.