Summary

This calculation method uses the sum of all Type H - Hourly Allowances only. The remaining fields in the transaction will work in the traditional manner, using this derived quantity to arrive at the transaction total.

Any quantity may be entered when using a transaction of this method as PayGlobal will recalculate it during a process. We recommend the quantity is entered as a unit of '1'.

Calculation

PayGlobal uses the following steps to calculate the transaction total::

1. Derive the value of Quantity using:

   Quantity = Sum of all the allowances that are type Hourly

2. Obtain the value of Rate as entered in the transaction.
3. Derive the Transaction total for this transaction being processed using:

   Transaction total = Quantity * 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