Market Supplement Proration with Mid‑Month Basic Pay Changes
Hello Community,
I’m looking for guidance on the correct design approach for calculating a Market Supplement (10% of Basic Pay) in Oracle Fusion Payroll using Fast Formula, specifically when Basic Pay changes mid‑month.
The Market Supplement is defined as 10% of Basic Pay and should be prorated by eligible days within the payroll period.
The current implementation works correctly when Basic Pay remains unchanged throughout the month. However, issues arise when there is a mid‑month change, such as:
- Change in working hours
- Change in spinal point
- Any other effective‑dated change impacting Basic Pay
What is the recommended approach in Oracle Fast Formula to correctly handle this scenario?
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