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Allowance Calc Method - M. % of min of gross or std earn

Organisation | Entitlements | Allowances | Details (i) tab | Calculation method field

Summary

The transaction total is calculated by:

(Quantity * Rate) / 100

The factor does not affect the outcome of this calculation.

Quantity

The lesser of:

Taxable gross for the pay period being processed

-or-

Total Profiled Hours * Employee's Default Rate * Number of Weeks in the Pay Period

See also

Allowance Calculation Methods

Allowances - Details (i)