Dear All,
We are working on Payroll. We have to calculate the Per hour calculation based on Info type 0008.
What are basic necessary steps needs to consider and What are the Personal Calculation rules needs to be consider. The following formula as below.
The Base salary is 500. After taking my leave, Base salary is 476.19.
Per Month working hours: 164.67
Per Hour Rate: Rs 500 / 164.67 = Rs 3.04 / per hour
7.60 Absent hours Rs. 3.04 per hour rate = 23.10
The remaining hours has to show in base salary .
157.07 Working hours Rs. 3.04 per hour rate = 476.19
We are waiting for your valuable response.
Regards,
Nageswar