Calculating Basic Monthly Variable Component

You use MVC BASIC (Monthly Variable Component) as part of the payee's pay component for salary paid employees. This earning element uses an Amount calculation. The rate is derived from rate code KSMVC, the monthly variable component.

The generation control CMN GC ACTIVE checks for active employees only.

Proration element CMN PO ANNL WRKDYS provides the proration logic based on percent of annual by work days using count CMN CT WORK DAYS (work days) as the numerator and formula CMN FM PRD WRKDAYS as the denominator. Formula CMN FM PRD WRKDAYS calculates the number of work days in the pay period by dividing variable SGP VR WRKDAYS/YR (260) by the system element PRD FREQ FACTOR.

MVC BASIC contributes to the following accumulators:

  • SGP GROSS.

  • CPF ORD WAGES SEG.

  • MVC BASIC_CMTDA.

  • MVC BASIC_CYTDA.

  • ESPP BASE AMOUNT.