How to achieve accrual proration based on Grade Change
Requirement: We have two Accrual Matrix Bands for Junior Grade and Senior Grade. Our plan term starts from 1st January every year. We understand that Accrual Event formula (in the same name as the absence plan) should be used to achieve this functionality. Attached is the Accrual Event formula we are using. But we are not clear on below points:
- How to call this formula in Accrual Matrix?
- Do we have to call this formula in both Accrual Matrix formulas against each band?
- Or do we have to define a separate band and use a new Accrual matrix formula to detect event and prorate accrual?