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 New Zealand's payroll processing requirements.
Identifying Proration Rules
The New Zealand extension includes six proration rules in addition to the rules supplied for All countries. The following table shows the key information about them:
Name |
Description |
Numerator |
Denominator |
---|---|---|---|
CMN PO ANNL WRKDYS |
Percent of Annual - Workdays |
Count CMN CT WORK DAYS |
Formula CMN FM PRD WRKDAYS |
CMN PO WORK DAYS |
Workdays in Period |
Count CMN CT WORK DAYS |
Count CMN CT WORK DAYS |
ERN PO WORK DAYS |
Scheduled Work Days in Period |
Count CMN CT WORK DAYS |
Variable CMN VR NUM VAL 1 |
ERN PO PUB HOL HRS |
Public Holiday Hours in Period |
Count ERN CT PUB HOL HRS |
Variable CMN VR NUM VAL 1 |
ERN PO ACTUAL DAYS |
Actual Work Days in Period |
Variable ERN VR PRD DAYS |
Formula ERN FM TOT DAYS |
Identifying Rounding Rules
We have added 4 rounding rules to those supplied for ALL countries. The type (rounding or incrementing), rounding size, and rounding method (up if/else down, up, truncate or down) are all indicated on the Rounding Rules - Definition page.