'Regular' earnings are expected to be received every period and are projected to obtain the annual value used in the FDS tax calculation. 'Irregular' earnings are not projected for FDS purposes, the total value processed in the year is used in the FDS calculation.
REGULAR
It is assumed that earnings processed using a 'Regular' Transaction Code are earned throughout the tax year. The current period's 'Regular' transactions are projected to obtain a projected annual amount. See the heading 'Earnings - Overtime (Regular) for an example on how to setup a regular overtime Transaction Code. Also see the heading 'Allowance - Normal' on how to setup a regular allowance.
IRREGULAR
Earnings processed using an 'Irregular' Transaction Code are assumed to be a one-off transaction. The value of the current period transaction is simply added to the total income for the year and not projected. See the heading 'Earnings - Overtime (Irregular) for an example on how to setup an irregular overtime Transaction Code. Also see the heading 'Allowance - Normal' on how to setup an irregular allowance.
For additional assistance see: Tax - Setup
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