recording employer contributions

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This topic contains 3 replies, has 3 voices, and was last updated by  Ruth CJ 3 months ago.

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  • Author
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  • davej
    Participant

    Some confusion among colleagues.
    If an employer is paying the 10% contribution of £100 per month.
    Do we
    a) put in a payment record for training payment of £100, or
    b) on payment record for training payment of eg £80 and a second payment record for assessment payment of £20

    tia

     
    #250225

    Martin West
    Participant

    Hi,
    It all depends on how you set up the employer’s payment schedule, but I would only record the payments as PMR 1 (Training payment) until any payments towards EPA are due as this will save any adjustment if the learner was to withdraw prior to the EPA.
    HTH

     
    #250231

    davej
    Participant

    Thanks Martin. You’ve backed up my method – get training payments upto full 10% of training costs, and then (at the end) get the 10% for EPA.

    cheers,
    Dave

     
    #250246

    Ruth CJ
    Participant

    We had a think about this, and decided on the course of action Martin suggests. I think Finance (who are responsible for logging these) might have had stern words if I’d tried to get them to do otherwise!

     
    #250381
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