on 03-25-2010 10:45 AM
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
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.
Hi Nimisha,
First you will have to define a work schedule rule which defines 2.5 days per week in Time Management.
And then assign this to IT 0007(planned working time).
The basic pay will take the weekly hours works worked and multiply it with 52 to give you your ANSAL.
Also look at feature ANSAL.
Hope this helps.
Cheers
Ajay
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Hi,
I have already Created the WSR,which defines 2.5 days per week in Time Management and assigned the same to IT 0007(planned working time).In the Basic Pay i have added a Daily Wage type (Units as Days) ,But the calculation for the annual salary is not as requirment.
We require the Annual salary to Calculate as :
Daily wage type entered * 2.5 days per week*52=Annual Salary
Thanks ,
Nimisha
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