EPY: Hourly Rate Loading To Paysheet Does Not Match The Hourly Rate Based On JOB Using Customer Frequency Table Information (Doc ID 2494489.1)

Last updated on AUGUST 19, 2021

Applies to:

PeopleSoft Enterprise HCM Payroll for North America - Version 9.2 and later
Information in this document applies to any platform.

After changing to Bi-Weekly Payroll Frequency, the hourly rate on the paysheet is loading incorrectly.

We have setup the following customer frequency IDs and not using the delivered:

HRLY with an annualization factor of 2087.1428

DAILY with an annualization factor of 260.8928500

BWKLY with an annualization factor of 26.089285

WKLY with an annulization factor of 52.17857

Pay Group Table is indicated with the pay frequency of "BWKLY" and Daily as "DAILY". Job Data reflects the following:

Compensation indicates a compensation frequency of "BWKLY" and an annual amount of 44,783.18

Expected hourly rate on paysheet should be 21.456692 instead of 21.530375

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In this Document

Symptoms

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