Costpoint Online Help

Using the Help Search
Using the Help Search
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    Ex."system administration"
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    Ex.system administration
For more information:Searching Online Help

Setting Up Workers' Compensation

You must configure data in multiple screen to set up workers' compensation for employees.

To set up workers' compensation:

  1. On the Manage Workers' Compensation Codes screen, set up codes and related descriptions for workers' compensation tracking.  
  2. On the Configure Labor Settings screen, maintain the workers' compensation feature:
    • Allow Edit of Workers' Compensation Code: Select this check box to allow edit of the workers' compensation code (the WC field) on the timesheet line.
    • Require Default Workers' Compensation Code: Select this check box in the Timesheet Line Defaults group box to make the Workers' Comp field a required field for all employee records on the Default tab of the Manage Employee Information screen.
    • Workers' Compensation: From this drop-down list, select your company's default workers' compensation code.
  3. On the Configure Workers' Compensation State Rates screen, set up your company-specific workers' compensation information, such as policy number, policy start and end dates, experience modifier, calculation method, and workers' compensation codes rates, by state.
  4. On the Configure Workers' Compensation Modify Codes screen, you can modify or change the base used to calculate the worker's compensation premium by adding or subtracting any associated pay types.
  5. On the Default tab of the Manage Employee Information screen, select a default workers' compensation code in the Workers' Comp field.

    This code is used for this employee for normal timesheet entry lines. If a default workers' compensation code was set up on the Configure Labor Settings screen, that code appears here but it can be modified.