Pay Type calc code 60

Owned by Knowledge Assistant
May 18, 2022
1 min read



Description of Issue

What calc code can I use for flat amount stipend or bonus pay?



Context

  • Enterprise ERP

  • Payroll

  • Pay Master

  • Employee Job Salary



Cause




Resolution

Pay calc code 60 is Flat Amount, Lump Sum.  This calculation code is commonly used for additional compensation pay that is paid in a lump sum.   When add the pay type code in Employee Job Salary, the user will enter the amount in Period Pay.



Additional Information

Generally, the Units on the Pay Master would be set to Amount.