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Former Member
Jun 17, 2008 at 06:45 PM

Annual Salary Calculation


Hi all,

I am trying to configure the calculation of annual salary based off of an hourly wage type.

The rule for calculation is...

Hourly amount * 8 (hours in a day) * 30 (days per month) * 12 (months per year)

So, an hourly wage type with amount of $12,00 would be an annual salary of $34,560.

Does anyone have a guide on configuration of this in the IMG ? All I can find is a place to put percentages. Right now the annual salary calculation is not working.

Thank you!