Recover Asset Damage Charges Through Payroll

Overview

Admins can create asset damage charges for employees and contractors and recover the amount through upcoming payroll runs.

The recovery is handled within Run Payroll, eliminating the need to manage asset damage recovery manually outside the payroll workflow.

What is this feature?

The feature allows admins to track asset damage charges and recover the applicable amount from an employee's or contractor's pay through payroll.

Benefits

• Automated recovery: Recover asset damage charges through payroll instead of handling them manually outside the payroll workflow.
• Employee and contractor support: Create asset damage charges for both employees and contractors.
• Payroll-based recovery: Select the payroll run or runs from which the amount should be recovered.

How it works

1. Create an asset damage charge for the employee or contractor.
2. Select the payroll run or runs from which the amount should be recovered.
3. Process the recovery through Run Payroll.

Who can use this feature?

• Industry: All industries, particularly asset-heavy teams.
• Segment: US companies running payroll on Keka.
• Personas: Payroll Admin and HR Admin.

Limitations and considerations

The available feature details do not specify any limitations or edge-case handling for multiple payroll runs or contractor-specific recovery. Refer to the applicable product documentation for further details, if available.