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Former Member

Notional Wage Type

Hi Experts,

Please can you brief me about Notional Wage Type? what is the importance and how distinguish to primary and secondary wage types.

Thanks,

Hasini

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2 Answers

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    Former Member
    Posted on May 03, 2011 at 11:26 AM

    HI,

    Nominal wage type is Wt which holds the amount without any proration.

    e.g. - an ee having a wage type with amt 30000 and in april having 3 LWP.

    Now actual basis will be 30000*27/30 = 27000.

    Whereas nominal basis for this case will be 30000 only.

    Secondary wage types are system generated and start with /. NOminal wage type are same and mostly secondary as these are generated by system.

    Praveen

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  • Posted on May 03, 2011 at 11:51 AM

    Notional Wage Type are used only for Display purpose They wont impact in RT and any where in payroll Ex:/TPA

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