/
Pay type calc code 11

Pay type calc code 11





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

  • cc11

  • Calc code 11



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