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Allowance Calc Method - E. % of min of unpackaged gross or std earn (Aus )

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

Summary

Note: This calculation method is not displayed if Company Settings | FB Employer Type = "None".
See Company Settings - Tax Details (Aus).

Transaction total:

(Quantity * Rate) / 100

The factor value does not affect this calculation.

Quantity

The lesser of:

Unpackaged Gross for the Pay Period being processed

-or-

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

Unpackaged Gross

The unpackaged gross is the gross value before fringe benefit deductions and the negative employer benefit allowances are added. If the unpackaged gross is zero, then PayGlobal uses the normal gross.

See also

Allowance Calculation Methods

Allowances - Details (i)