Field Description - Deduction Closing Period Flag

The Deduction Closing Period Flag indicates when to clear the deduction's totals.  You can maintain this field during Deduction Master Maintenance.  The following codes are available:

• 1 - Calendar Clear

• 2 - Contract Clear

• 3 - Fiscal Clear

• 4 - Specific Ded Clear:  Clear at the specified period end.

Note:  If you change the Closing Period Flag for a Deduction Code during Deduction Master Maintenance, the program automatically updates all associated Employee Deduction records with the new flag.

Format:  predefined