Last updated on JULY 13, 2016
Applies to:PeopleSoft Enterprise HRMS Time and Labor - Version 9 and later
Information in this document applies to any platform.
When attempting to create payable time from reported time that specifies a comp rate code the following error shown below occurs.
PeopleBooks states that you can specify a comp rate code if the TRC type is Hours, the payroll earnings code type is Either Hours or Amounts OK and the comp rate code is set up as a percentage type. These requirements are met but Time Admin is still generating an exception in error and I cannot create payable time.
TLX00490-Invalid Comp Rate Code
The issue can be reproduced at will with the following steps:
1. create time reporting template that allows entry for a comp rate code
2. report time to a TRC defined as an hours type and mapped to an earnings code defined as Either Hours or amounts ok
3. specify a comp rate code on the reported time using a comp rate code specified as a 'percentage'
4. run time admin
5. no payable time created as the exception is generated in error
Due to this issue, users cannot get payable time created when they need to use a comp rate code on their reported time.
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