This is done via a Y-PAYMENT cycle change entry and it is made to ensure past payments made on the deduction do not contribute to the Goal.

Examples of:  Entry Type:  Y; C/Centre Other:  PAYMENTS

Example 1:

1. In January, Pay Cycle 1 (weekly) (1^{st to} 7^th):   a regular GFC deduction of $100.00 was set up.
2. In January, Pay Cycle 1’s  (1^{st to} 7^th)  was run:  $100.00 would then accrue to  payments.
3. In January, Pay Cycle 2 (8^th to 14^th):   a Goal of $1000.00 and a weekly regular deduction of $100.00 for the same GFC code were set up.
4. If a Y-PAYMENT entry of $0.00 WAS NOT DONE when the Goal was set up in Pay Cycle 2:  then, when the payroll is run,  the amount accrued toward the payments would be $200.00 (Cycle 1 $100.00 + Cycle 2 $100.00).
5. If a Y-PAYMENT entry of $0.00 WAS DONE when the Goal was set up in Pay Cycle 2, only the $100.00 from Pay Cycle 2’s payroll run will be accrued toward the payments.

When entering a new goal, always make a Y-PAYMENT entry of $0.00.

Example 2:

1. In January, Pay Cycle 1 (weekly) (1^{st to} 7^th):   a new Goal of $2000.00,  a weekly regular deduction of $100.00, and Y PAYMENTS of 0.00 for the same GFC code were set up.
2. The Payroll was then run for 6 pay cycles.  The totals as at the end of Cycle 6 were:
   • Goal = $2000.00
   • Weekly Deduction = $200.00
   • Payments toward the Goal for 6 cycles = $1200.00 ($200 x 6)
   • Balance on the Goal = $800.00 ($2000.00 - $1200.00)
3. In Pay Cycle 7, $500.00 was paid "over the counter" toward the loan.  To reflect this amount toward the Loan Balance, enter a Y-PAYMENTS cycle change as shown below:

Use  the Y-Payment cycle entry to enter Payments (made outside of the payroll) towards a Goal.