Identifying Proration Rules and Rounding Rules
We have added a number of proration rules and rounding rules to those supplied for all countries to meet Singapore's payroll processing requirements.
Identifying Proration Rules
We have added six proration rules to the fifteen supplied for All countries. The following table lists the rules and indicates the numerator and denominator the rule uses:
Name |
Description |
Numerator |
Denominator |
---|---|---|---|
CMN PO ANNL CALDYS |
Percent of Annual - Cal Days |
Duration CMN DR CAL DYS SEG |
Formula CMN FM PRD CALDAYS |
CMN PO ANNL WRKDYS |
Percent of Annual - Workdays |
Count CMN CT WORK DAYS |
Formula CMN FM PRD WRKDAYS |
CPF PO PR WORK DAY |
Proration for PR Date |
Count CPF CT PR WORK DAY |
Count GP WORK DAY COUNT |
CMN PO WORK DAYS |
Work Days in Period |
Count CMN CT WORK DAYS |
Count CMN CT WORK DAYS |
ERN PO AWS DAYS YR |
AWS Days in the Year |
Duration ERN DR AWS SERVICE |
Duration CMN DR CAL DAYS |
CMN PO MTH WRKDAYS |
Percent of Month - Work Days |
Count CMN CT WORK DAYS |
Formula CMN FM MTH WRKDAYS |
Identifying Rounding Rules
We have added two rounding rules to the sixty supplied for all countries. The following table shows the key information about them. In column 3, R / I indicates Rounding or Increment. In column 5, R / U / T indicates Round Up If >= Else Down (with value), Up or Truncate Down.
Name |
Description |
R / I |
Size |
R / U / T |
---|---|---|---|---|
CMN RR NEAR 0 DEC |
Round to Nearest 0 Decimals |
R |
0 |
R 5 |
CMN RR DOWN 0 DEC |
Round Down to 0 Decimals |
R |
0 |
T 5 |
CMN RR ROUND 3 DEC |
Round to 3 decimal places |
R |
03 |
R5 |