Summary

When one of the following remuneration package rate calculation methods is specified

• "MC. Remuneration Package Component"
• "MS. Remuneration Package Share Issue"
• "MV. Remuneration Package Vehicle"

PayGlobal uses the fields on the Rem Rate Calc tab to derive the actual rate amount.

Component Code

This field indicates the Component Code to use when the "MC. Remuneration Package Component" rate calculation method is specified.

Vehicle Code

This field indicates the Vehicle Code to use when the "MV. Remuneration Package Vehicle" rate calculation method is specified.

Share Issue Code

This field indicates the Share Issue Code to use when the "MS. Remuneration Package Share Issue" rate calculation method is specified.

Use FBT

This field instructs PayGlobal to use the Fringe Benefit Tax value of the component/vehicle/share issue rather than the benefit value.

The default is 'No' indicating that the benefit value is to be used.

Use Period Value

This field instructs PayGlobal to generate a period value by dividing the value or FBT value by the number of periods per annum.

The default is 'Yes' indicating that the result is to be a period value.