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Salary basis using rates components calculation

edited Apr 10, 2025 12:30PM in Compensation 5 comments

Summary:

Salary basis using rates components calculation

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Hi All,

I am working on the salary basis using rates for monthly period. While entering the data all the components calculating correctly. However, when we open the change salary page after creating one transaction, the "Element"based rates are changing .

Ex: I have given the **** Allowance as 200 per month, annualize amount showed as 2400. Once we submit the same and reopen the page, the amount 200 is in annual amount and monthly amount is showing 16.67

Before submitting:

After submitting in view mode:

I am using information elements. Rate definition is also monthly period.

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