Pay type calc code 11

Owned by Knowledge Assistant
Last updated: Nov 02, 2021
1 min read





Description of Issue

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



Context

  • Munis

  • Payroll

  • Pay Master

  • Employee Job/Salary



Cause




Resolution

Pay type calc code 11 is an annual rate calc code.

  • Hourly Rate = Period Pay / Sched Hours

  • Daily Rate = Hourly Rate * Hours/Day

  • Period Pay = Annual Pay / Num Pays



Additional Information

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