Summary

The quantity for this transaction is usually '1' because it is calculated during processing.

Calculation

PayGlobal uses the following steps to calculate the transaction total:

1. Obtain the Rate as entered in the transaction.
2. Obtain the Days worked within the pay period being processed.
3. Calculate the Transaction total for this transaction being processed using:

   Transaction total  =  Days worked * Rate

4. Obtain the value of Maximum amount as set in the Deduction | Details (i) tab.
5. The transaction total used is:

   The lesser of Transaction total and Maximum amount

Is the transaction total more than the nett pay?

Calculate the nett pay using:

Nett Pay = Min nett pay / 100

If the transaction total is more than the nett pay, the setting of the Full amount only field in the Details (ii) tab page of the deduction takes effect.

• Yes

  Transaction total is '0'. The full amount is only deducted if the transaction total can be paid.

• No

  The transaction total is recalculated using:

  Nett Pay = Nett pay * (Min nett pay / 100)

  This transaction total is rounded to the nearest dollar.

See also

Deduction Calculation Methods