Loading Factors

Loading factors are one method of allocating deductions and benefits as a factor of earnings. Loading factors can be defined for each Department along with a Loading Distribution code to which it is assigned. Distribution reports for departments that have active loading factors show and additional total for the fully loaded amount. The journals created for earnings in these departments carry the fully loaded distribution amount. The counterbalancing loading amount appears on one journal for the department that is assigned to the G/L Account of the Loading Distribution code.

The Loading Factor and the Loading Distribution code are maintained and reported as part of the Department entry.