Allotment Plan Reset Transaction on LP140
Hi All,
We just had our first full year with a yearly allotment plan that resets on 12/31. As expected after our first payroll, the plan correctly reset employee plan balances to zero then allotted the correct new amount for 2014. However, there was no indicator on the LP140 about the reset. We were expecting a similar line of transaction to lost hours with accrual plan limits, but there was none.
Is this 'as designed'?
Thanks,
Kathy