Learn about Redwood and be one of the first to join the conversation

Visit Redwood Community
How to Fetch other Rate Definition Name & values in HCM Rates Calculate Value Fast Formula — Cloud Customer Connect
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

How to Fetch other Rate Definition Name & values in HCM Rates Calculate Value Fast Formula

Accepted answer
11
Views
1
Comments

Summary:

Hi Experts

We have a requirement where HR enters Over All Salary and Other components like HRA , Variable pay , PF , Benefits & Basic salary are calculated automatically .

We are creating salary basis based on salary basis type : Salary amount is determined by rates .

so for PF we need to derive a calculation

e.g 1. if Basic is > 1 lac pa - Basic (40 % of over all salary)

2. if Basic is <1 lac pa - Basic + Special(sum of HRA , Variable pay ) or 1 lac whichever is lower

so we need to create fast formula.

Is there any Input that fetches the over all salary entered by HR user at run time and way to fetch other Rate Definition used in the salary basis in HCM Rates Calculate Value fast formula

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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