Standard AQ - CARES Act PPP Loan FTE Count AQ

Overview

Updated 07/16/2021

Report Description

Provides FTE count specifically for the CARES Act PPP loan forgiveness application

Parameters

Parameter Name	Options	Explanation
Branch	All available branches	Select Branch to further filter results
Date Type	Accounting Period Date, Check Date, Week Worked
Start Date
End Date
Customer Name	% for all	Enter in Customer Name to further filter results
Customer ID	% for all	Enter in Customer ID to further filter results
Cash Comp Transaction Type	All available transaction types	Recommend leaving to ALL or filtering for specifically those transaction types as required by PPP reporting.
FTE Simplified Method	Yes or No	SBA offers an alternative method for calculating FTE called the Simplified Method.  Determine if you are going to use this method.
Include W2 Only	Yes or No	Select Yes to exclude any non-W2 employees

Report Fields

This will pull for employees in the US only, per SBA rules. If the employee record has no addresses in the US, they will not be included on the AQ results. 

Field Name	Explanation
Employee Name	Employee name
Employee Identifier	Employee ID from Avionte
On Assignment	Will be checked if the employee is on assignment. Will not be checked if the employee is not on assignment
Branch	Employee branch
Cash Compensation	Pulls the income of the transaction types selected, within the date range entered in parameters If the date range entered is 8 weeks or less, then Cash Compensation is capped at $15,835.  If the date range entered is more than 8 weeks, the cap is $46,154.
Total Hours	This will pull Reg, OT, DT, Salary Weekly, Salary Bi-Weekly, Salary Semi-Monthly and any other transaction types where property IncludeinOtherHours = True If using Salary, the hours will be calculated using the UnittoHours multiplier on the transaction type.
Average Hours	The AQ logic is as follows: Will count the number of days between the start date and end date you enter in the parameters. After counting the days, it will divide by 7 (days in a week) to come to the number of weeks in your date range.  Takes the total hours and divides by the number of weeks.
Average FTE	If simplified method = Yes, then if 40 avg hours or more then will be 1 FTE.  If less than 40 avg hours, then .5 FTE.
Last 4 SSN	last 4 digits of the employees SSN

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