Summary

This Deduction calculation method will derive the quantity using the sum of all Hour Type Allowances in the current pay.

When using a transaction of this method, it makes no difference what quantity is used initially because PayGlobal will recalculate it during a process.

We recommend that the quantity be entered as a unit of '1'.

Calculation

PayGlobal uses the following steps to calculate the transaction total:

1. Calculate the value of Quantity using:

   Quantity = Sum of all the allowances that are of type Hour

2. Obtain the value of Rate as entered in the transaction. Generally rate code '0' and a rate unit would be used for this transaction.
3. Calculate the Transaction total for this transaction being processed using:

   Quantity * ( Rate / 100 )

See also

Deduction Calculation Methods