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 OCTOBER 15, 2019
Applies to:
PeopleSoft Enterprise HCM Payroll for North America - Version 9.2 and laterInformation in this document applies to any platform.
Symptoms
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
Cause
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In this Document
Symptoms |
Cause |
Solution |
References |