Insurance Codes

Similar to state and local taxes and state unemployment, the insurance codes may be based on the employees resident state or on the job’s insurance template and phase.

The default flags are located in the PR Employees and PR Company Parameters forms, and are described below.

In PR Employees

Always Use Employee’s Standard Insurance Code — If this flag is checked, then the employee’s standard insurance code is always used. If unchecked, then the Insurance Based on Phase or SM Work Order Scope option in PR Company Parameters controls the default.

In PR Company Parameters

Insurance Based on Phase or SM Work Order Scope — If this flag is checked, and the Always Use Employee’s Standard Insurance Code flag (PR Employees) is unchecked, then the insurance code is based on the job phase or the job’s insurance template/phase (job timecards), or the work order scope (SM work order timecards). If unchecked, the employee’s standard insurance code is used.

Note: You can override insurance codes in the PR State Insurance Codes form. Check the Use Override Code When Pay Rate Exceeds Threshold Rate option for the selected insurance code to override the normally defaulted code.

The PR State Insurance Code form

Set up insurance codes in the PR State Insurance Codes form. Using this form, you can link an insurance code with a state and can set up earnings limits, Threshold Overrides, Threshold Rates, Override Insurance Codes, and additional Deductions and Liabilities that apply to the State and Insurance Code.