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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
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