You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Absence Rounding Off

edited Feb 8, 2024 1:04AM in Payroll and Global Payroll Interface (GPI) 1 comment

Summary:


Content (please ensure you mask any confidential information):

Employee had a EDO & Vacation Discretionary Disbursement Payment on Dec 21 2023 pay period.

EDO hours = 79.94 x $53.47 = $4,274.39 but HCM paid $4,274.29

Vacation hours = 112.84 x $53.47 = $6,033.55 but HCM paid $6,033.42

If I use the annual salary divided by # of hours worked in year from the Employment screen:

$108,203 / 2023.58 = $53.4710 * 79.94 = $4,274.47

$1082,203 / 2023.58 = $53.4710 * 112.84 = $6,033.67

EDO Pay = $4,274.29 / 79.94 = $53.4687

Vac Pay = $6,033.42 / 122.84 = $53.4688

I can’t figure out how HCM is calculating the $4,274.29 & $6,033.42, May I know how HCM is calculating so that we can explain to our employees.

Thank you

Version (include the version you are using, if applicable):


Code Snippet (add any code snippets that support your topic, if applicable):

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!