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Adjustment Monitor: How to Add, Update, and Remove Adjustments

Owned by
Mercedes Rothwell
, created
Last updated: Sept 11, 2023
3 min read

Date

Change

Date

Change

August 2023

Initial Version

Overview

The Adjustment Monitor allows Commissions teams to manage Ad Hoc, Recurring, and Dynamic adjustments. Whenever the system applies an adjustment to a rep’s compensation, it creates an Adjustment Credit Event. Reps can see these adjustments on the statements generated by the system during each pay period. You can view the Credit Event Monitor guide for more information on these types of events.

Setup

The Setup tab has two subtabs: Adjustment Type and Adjustment Status Flags. Click the tabs below to learn more.

Creating Adjustments

Tip: You can use the Client Importer to upload one-time adjustments in bulk.

Once you have set up your adjustment types, users can begin creating adjustments. They can either click Add Adjustment (1 adjustment) or Add Multiple Adjustments (4 adjustments). There are 9 fields on these adjustment windows:

  • Assigned To: Select the employee, location, team, or company that the adjustment applies to.

  • Type: Select the Adjustment Type.

  • Periodicity: Automatically set by Type.

  • Value: Set the value for the adjustment.

Note: Enter $1 for dynamic adjustments.

  • Number Per Period: Automatically set by Type.

  • Adjustment Date: Required for non-recurring adjustments.

  • Effective From: Required for recurring adjustments.

  • Effective To: Required for recurring adjustments.

  • Description: Enter a description for this adjustment. This description will appear on reports.

Add Adjustment
Add Multiple Adjustments

Updating/Removing Adjustments

Adjustments may be updated or removed until the associated payroll period has been posted. To remove a one-time adjustment that has not been posted, search for and then select the adjustment you want to delete, then click the Delete button.

You may end a recurring adjustment early by locating the adjustment, selecting the row, and clicking Remove. This sets the Effective To date to the last day of the most recently posted payroll period. You can also manually edit the Effective To date, but cannot enter any earlier dates.

Example: For example, if the last posted pay period was August 2nd - August 8th, then the earliest you can set the Effective To date is August 8th.

 

Related Pages

 

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