Gross Pay
You can calculate gross pay in batch for all contact persons within a target group for a given date range, such as the payment period.
The calculation is limited to contact persons to whom you have access as per the general access control setup. It is based on the compensation agreements of each contact person and, in the case of employees, the period of employment. The calculation is dependent on the pro rata method of each agreement, but only for cases where the effective period of the agreement is different from the calculation period.
The calculated amount is stored with a specification of each element of the gross pay and base salary at the same level of granularity as the compensation agreements.
- Related Topics:
- Gross Pay Calculation Period
The pay period calendar is used to define the gross pay calculation periods. - Overall Gross Pay Calculation
The overall gross pay is determined by calculating the gross pay of a contact person for each compensation agreement for a given pay period, and then the results are stored for future calculations. - Gross Pay for Prior Period
As it will be possible to calculate gross pay for a period before the end of that period, there may be changes after a calculation of gross pay that affect the gross pay calculation. - Base Salary Rates
You can now calculate base salary rates in batch for all employees within a target group for a given date range, the payment period. - Posting of Gross Pay
Post the calculated gross pay amount after the gross pay calculation is approved. - Bi-Weekly Payroll Calculation Support
This section provides information regarding the calculation of pay on a bi-weekly payroll.
Parent Topic: Pay and Pay Periods