E1: 07: Provide Simplistic Formula For Calculating Annualized Fringe Rate Per Hour For Prevailing Wage
(Doc ID 2287366.1)
Last updated on MARCH 16, 2020
Applies to:JD Edwards EnterpriseOne US Payroll - Version 9.1 and later
Information in this document applies to any platform.
Provide a simplified annualized fringe rate calculation. The new calculation will be specified as follows:
Simple Annualized Rate = ( DBA Amount * Frequency) / Hours Per Year
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