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

Visit Redwood Community
Global Transfer and Currency — 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

Global Transfer and Currency

Received Response
11
Views
5
Comments

Summary:

Here is a scenario-

HR Data extraction date is 30-Sep-2021. As on 30-Sep-2021, the employee is in Singapore(SG) .On 01-Oct-2021 , the emp is transfered to AE.


Single workforce plan is there to award increments and Bonuses. Since the current location of the employee is in UAE(AE) , the allocations have to be made in AED after applying the conversion rate.

How can this be made to work? As the worksheet shows the old country SG wherein the employee is no longer active. The Employee s payout must be made in the current location that is AE.

Content (required):

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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