Hi,
I am implementing Australia Payroll and have configured the annual salary. The payroll frequency is monthly.
I have entered "12" on Line 5 of feature PREQ which is for monthly.
The Feature PREQ is as follows:
52
26
24
13
12
04
01
02
I have encountered that whatever value i enter against the basic wage type is getting multiplied by 24 and is defaulted in field annual salary
e.g. if I enter Basic as 1000, the annual salary is getting defaulted as 24000. Does it mean that always the amount against Basic should be the semi monthly amount i.e. for a monthly basic of 2000, I enter as 1000.
Also following are the values in the tab "Salary amount" in IT 8
Annual Salary 24000
Salary/Monthly 2000
Semi monthly salary 1000
Salary every 14 days 923.08
Wage/weekly 461.54
Salary/Hourly 11.11
These value are ok. But when I run payroll, amount against basic is coming as 1000/12=83.33 . Ideally it should be 2000.
What changes have to be done? Pls suggest?
Regards
Yashika
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