Why Does Compensation Rate in Job Data Display 6 Decimals, When the Currency Definition is Set to 2 Decimals? (Doc ID 656729.1)

Last updated on JUNE 22, 2016

Applies to:

PeopleSoft Enterprise HRMS Human Resources - Version 8 and later
Information in this document applies to any platform.
***Checked for relevance on 14-MAY-2010***


This document was previously published as Customer Connection Solution 201049572




Goal

Decimal precision shown for Compensation Rate (COMPRATE) under Job Data/Compensation tab is not consistent with the decimal positions defined for the Currency Code under Set up HRMS.

1. Go to:  Set up HRMS > Foundation tables > Currency and Market Rates > Currency Code and enter the currency code and set the decimal positions to 2.
2. Go to:  Workforce Administration > Job Information > Job Data > Compensation tab  and notice the Compensation Rate under Pay Components is still showing 6 decimal places instead of 2 for frequency of H.

Why does the Compensation Rate on Job Data Component not conform to the decimal precision specified on the Currency Code table?

Solution

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