W/C - CSST Recognition
OBJECTIVE
The W/C-CSST Recognition function assigns CSST-related expenses to projects.
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When the reconciliation is completed, the system creates a Project-to-Project Transfer transaction that can be reviewed and modified if necessary before the permanent transfer of the transaction to the projects and general ledger. The accounting entry is generated according to the project, activity and group (PAG) defined by the priority in the Define W/C – CSST option. If no PAGs are specified in the W/C - CSST activity, the system assigns the project, activity and group defined in Configuration related to Time Management. |
PREREQUISITEs
- An annual maximum must have been entered in Define W/C - CSST, as well as CSST rates.
- Pay periods, by committee must have been created in Set Pay Periods.
- Government tables must have been created in the Government Tables option if the Payroll module is installed.
- The Project, Activity and Group must have been configured in Configuration - Time Management, Workers Comp (CSST)/Fringe Benefit section.
To post the W/C CSST to different accounts, you must specify a project, activity and group in W/C CSST Activities in the Define W/C CSST option. They will supersede the settings in Configuration for Time Management.
- The Payroll Reconciliation function must have been run if this option is used. Otherwise, the Print Cheques function must have been used.
The annual CSST maximum can also be set in Government Tables if the Payroll module is installed.
steps
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maestro* > Time Management > Project Time > Accounting > W/C - CSST Recognition |
Post W/C - CSST
- Select the Committeesand Periods.
- Select the Provinces.
If the U.S. payroll module is installed, you can select a state.
- Click on Accept.
A summary of contributions, displayed by work order and W/C - CSST activity, can be printed at the completion of the report. The summary will be printed automatically if you specify the work order numbers and W/C - CSST activities in hour entries.
- After closing the Maestro report viewer, click on Yes to reconcile the amounts.
The Transfer Automatically check box is used to transfer the W/C CSST Expense immediately. You will be unable to change this transaction once it is completed.
You can choose not to reconcile the amounts by clicking on No.
- Transfer the CSST expense transaction using the Transfer Transactions option in the main menu, Project - Project Costing - CSST Expenses.
This operation is only necessary if the Transfer Automatic ally box was not checked in the preceding step.
See also
- Project-to-Project Transfer
- Configuration - Time Management
- W/C - CSST Report
- W/C - CSST Report by Project
- W/C - CSST Detailed Report by Project
- How to Configuring the Worker Compensation for the Canadian Payroll