Summary

The average hourly earnings are calculated by:

Quantity * Average Rate * Factor

Use for

Use this calculation method for:

• Type H Allowances - Hours Worked
• Type A Allowances - in Australia, Super calc with monthly minimum
• Type Y Allowances - Ordinary Hours Worked
• Type Z Allowances - Employer Super

Quantity

The value for the Quantity comes from the value entered in the Quantity field of the transaction.

Number of periods

Number of periods used to calculate the rate.

Average Rate

The Average Rate is calculated by:

Gross Amount / Number of Hours

Gross Amount is calculated by:

Allowance Total + Hourly Total - Deductions Total for the standard pay periods (defined in "Number of periods") before the current pay period.

Number of Hours is calculated by:

Ordinary Hours Quantities + Overtime Hours Quantities for the standard pay periods (defined in "Number of periods") before the current pay period.

Rate Code

The rate code for a transaction using calculation method 'B' is forced to '0'.

See also

Allowance Calculation Methods

Allowances - Details (i)