WS: 07: Does the Hourly Rate Field (PHRT) in the Employee Master Round?
Last updated on OCTOBER 11, 2016
Applies to:JD Edwards World U.S. Payroll Processing - Version A7.3 cume 4 and later
Information in this document applies to any platform.
Does the hourly rate (PHRT) as entered in the Employee Master F060116 round from 3 decimals to 2 prior to running Payroll Processing? If so, what are the rounding rules? For example, does everything 5 and over round up and 4 and below round down? On the payroll register when the hourly rate is displayed to 3 decimals, the hours worked are multiplied by that entire number to calculate wages. No rounding seems to occur. Is this correct?
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