|
|
Enron Mail |
Introducing your first SAP Paycheck!
This is the first payroll processed in SAP for all employees paid out of=20 Corporate Payroll. You may notice some changes in the way information is=20 reflected on your pay advice, the most common are itemized below. What=01,s Different? ? Your =01+home=01, cost center will be displayed at the top of the pay adv= ice.=20 This is your department number as designated in the HR and financial module= s=20 of SAP. ? Any earnings descriptions that start with a =01+P=01, represent earning t= ypes=20 reported in the prior period. For instance, if you reported vacation time f= or=20 the July 1st-15th pay period, it will be reflected on your July 31st pay=20 advice as =01+PVacation=01,. ? Flex dollars will appear on the earnings section of the pay advice instea= d=20 of as a credit in the deduction section. The various benefit deductions wil= l=20 remain itemized in the deduction section. ? If you transfer between Enron companies during the year, your year=01)to-= date=20 totals will carry forward to the new company pay advice. Previously, the=20 year-to-date totals started over when transferred to another company. This= =20 change will provide your total Enron earnings and deduction amounts on your= =20 pay advice throughout the year. (Note that your W2 at the end of the year= =20 will reflect your earnings by company). ? For salaried employees, any reported exception time (e.g. vacation, sick= =20 day, etc.) will be reflected on the earnings section with hours only, the= =20 related dollar amount will be included in the =01+Salary=01, earnings type.= =20 ? For any other information or further explanations regarding your payroll= =20 contact the Payroll Call Center at 713-345-5555 Payroll FAQ=01,s My paycheck has a line called =01&other deductions=018, what does that stan= d for? There is a fixed amount of lines to print deductions on the paycheck. For= =20 some employees, the number of deductions are more than we have room to=20 print. In this circumstance, the system totals all remaining deductions an= d=20 prints them on one line =01) titled =01&other deductions=018. The detail o= f all=20 deductions can be viewed on the pay advice that is displayed on the intrane= t=20 at eHRonline.enron.com. What do the earnings or deduction codes on my paycheck mean? These definitions are listed on the Payroll webpage located at=20 hrweb.enron.com, select Enron Payroll from the side index. Why is my overtime not reflected on my paycheck? Overtime is paid one pay period in arrears, therefore it will be reflected = in=20 the next pay period. For example, if you reported overtime for the=20 July 1st =01)15th pay period, it will be reflected on your July 31st pay ad= vice=20 as =01+POvertime=01,. What is the limit for Social Security (FICA)? For year 2000 the limit is $4,724.40 on a wage base of $76,200. This limit = is=20 applied to each Enron payroll tax company. Therefore, if you transfer to=20 another Enron company these limits will start over, however, the total amou= nt=20 withheld across all companies will be reflected on your paystub. Excess FIC= A=20 will be credited to you by the IRS via your tax return. What federal income tax rate is used for my bonus or when I exercise stock= =20 options? There is a standard federal income tax rate of 28% for these earnings. This= =20 can be higher if the employee has completed a Supplemental Tax form=20 requesting a higher rate (this form can be found at hrweb.enron.com , selec= t=20 Enron Payroll from the side index).
|