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Former Member

Rules of factoring

Hi All

what are the difference between XPPF, XPP1, XPP0, X VAL ?

please can anybody explain

charan

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    author's profile photo Former Member
    Former Member
    Posted on Feb 28, 2009 at 05:03 AM

    Hi,

    what are the difference between XPPF - To determine partial periods like termination, basic pay change, unpaid absences.

    XPP0, This is sub rule for XPPF

    XPP1: Partial period factor on which basis we are going to calculate like on calendar days and working days, working hours

    X VAL - Valuate payroll elements using partial period factors,

    Valuate payroll elements are basic pay, hra, Conveyance, DA etc.

    Regards

    Devi

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