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Former Member
Mar 25, 2010 at 10:45 AM

Need to Calculate Annual Salary Field for Daily workers

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Hi,

We have a requirment where few of the employees are paid weekly,and work an average of 2.5 days per week.This is what we are trying to reflect in the annual salary calculation.

I need to calculate Annual Salary (IT 0008) for Annual salary field by using following formula.

Daily wage type amount *2.5 days per week * 52 weeks = Annual Salary

For Ex: (Daily wage type) 30 * 2.5 days per week * 52 weeks = 3900

Kindly suggest how can i Config this calculation in the system.

Thx,

Nimisha