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titleDescription of Issue

How do the pay rates calc in Employee Job/Salary for calc code 11?


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titleContext
  • Munis
  • Payroll
  • Pay Master
  • Employee Job/Salary

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Pay type calc code 11 is an annual rate calc code.  The Annual Pay is either entered by the user, or the Annual Pay defaults in from a Salary Table.

  • Hourly Rate = Period Pay / Sched Hours
  • Daily Rate = Hourly Rate * Hours/Day
  • Period Pay = Annual Pay / Num Pays

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titleAdditional Information

There is more information for pay calc codes Pay Type Calc Codes Expanded