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.

See Defining Rounding Rule Elements.