Additions & Deductions with Meridian

An unlimited number of additions and deductions can be defined within Meridian. These can be reducing balances, dollar or percentage values. Some popular allowances that are frequently applied include meals, mobile phone, travel, clothing, tools, salary sacrifice, expenses after tax, as well as reducing balances, eg loans.

Meridian covers all categories of allowances including before tax, after tax and tax adjustments. The user can choose between 4 calculation types for the addition or deduction:

• Amount – fixed value
• Percentage – the percentage can be applied to any value or rate type
• Rate per hour – can be applied to specified or actual hours worked
• Unit – specify how units are accumulated and specify a unit rate

Once-off additions or deductions can be added directly to any of the transaction screens, including timesheets, back pays and more.

Meridian maintains a full history of all employee additions and deductions.