FAQ 832: Cash Balance - Earnings

Problem: How are the cash balance account Earnings calculated?

Solution: Employee: CASHBAL \ Earnings are calculated during Calculations > Valuation by multiplying the Prior Balance by the Prior Interest Rate for BOY Valuations and Current Interest Rate for EOY Valuations. To override Earnings and prevent the system from recalculating the value during Calculations > Valuation, set the Employee: CASHBAL \ Earnings Override field to Yes. This field will reset to No when Calculations > Update to New Period is run.