Summary

Transaction total is calculated using:

((The lesser of Quantity or Max quantity) * Rate) / 100

Quantity

The quantity is calculated using the sum of all transaction totals in the current pay (for the allowances included in the specified allowance group).

Max quantity

The value of the maximum quantity for each transaction is set in the Max quantity field in the Details (i) tab page of the allowance. This places a limit on the Quantity field when creating an allowance in Transaction View.

If this field is left blank, then no maximum will apply.

Note

This calculation method derives the quantity using the sum of all Hour type transactions in the pay period.

The remaining fields work in the traditional manner, using the derived quantity to arrive at a transaction total.

We recommend that the quantity is entered as a unit of '1'. This is because PayGlobal recalculates the quantity during processing, therefore it does not matter which quantity is entered initially.

Rate

As entered in the transaction.

Generally rate code '0' with a rate unit used for the transaction.

The rate code is the % value.

See also

Allowance Calculation Methods

Allowances - Details (i)