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Pre-paid obligation

This step was previously called Threshold transfer. Existing policies keep working unchanged — only the display name changed.

The Pre-paid obligation step runs a pre-paid obligation as a counter account. It seeds a recurring threshold as a negative starting balance, lets a crediting step fill it up, and at the end of each period transfers the surplus above the threshold to another account — optionally at a higher rate for the part above full-time.

When to use

  • A salary supplement pre-pays a fixed amount of work each period (for example an availability obligation), and only work beyond it is compensated.
  • The compensation differs below and above the full-time norm — typically 1:1 up to full-time and 1:1.5 above it, decided on the period average rather than week by week.

Parameters

SettingMeaning
ThresholdAmount set aside (pre-paid) each period before anything is transferred, for example 20h. Prorated by the options below.
Full-time weekly hoursWeekly full-time hours. Surplus up to full-time transfers at the lower rate, the part above it at the upper rate. Leave 0 to use only the upper rate.
Period length (months)Months per period; the transfer runs at each period end. Must divide the year (1, 2, 3, 4, 6 or 12).
Cycle start monthFirst month of the cycle. Quarterly + January means periods end Mar / Jun / Sep / Dec.
Target accountAccount the surplus is transferred to.
Prorate for part-timeReduce the threshold by the employee’s part-time fraction.
Prorate for absenceReduce the threshold for partial-period employment and absence.
Lower rateMultiplier for the surplus up to full-time. Default 1.0.
Upper rateMultiplier for the surplus above full-time. Default 1.5.

How it works

At the start of each period the account is seeded with the threshold as a negative balance, so it reads as “obligation remaining”. A crediting step earlier in the pipeline adds earned time, climbing the balance toward zero; once positive, the balance is the surplus earned beyond the threshold.

At the period cut-off the surplus is split against the part-time gap: the part up to full-time at the lower rate, the part above it at the upper rate. The surplus transfers to the target account 1:1, the rate uplift is credited there as a separate accrual, and the counter resets to zero for the next period. An unfulfilled obligation is forgiven at the cut-off — never carried forward as a debt.