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PBS_AU_TER_001 - Assign Redundancy Model to Payment Type & Payment Formula

PBS_AU_TER_001 - Assign Redundancy Model to Payment Type & Payment Formula

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In this step, you link a combination of Termination & Redundancy Model and Payment Type to Payment Category and Payment Formula. You also specify the type of the Termination & Redundancy Model.

Define Termination & Redundancy Model
Define Payment Type
Define Payment Formula

Payment Category is defined in domain as nature of termination and redundancy payment. Possible values are:
TP Term. Payment
LP Leave Payment
NP Notice Payment

Use the default settings.

  • For each Termination & Redundancy Model, check:
  • Payment Type

  • Payment Category

  • Payment Formula

  • Tick the according checkbox if the termination payment is one or more of the following payment types:
  • Redundancy model for death case

  • Voluntary Redundancy

  • Invalidity Payment

  • Choose Save





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