Frequency IDs

Frequency IDs are used in PeopleSoft Human Resources, Global Payroll, and Payroll for North America. Frequency IDs are defined on the Frequency Table component (FREQUENCY_TBL). Each frequency ID has a frequency type and an associated annualization factor that represents the number of times that the period occurs in the course of a year.

In PeopleSoft HCM, you use frequency IDs to define the periods of time in which compensation is quoted, standard hours are completed, and people are paid, to list a few examples.

PeopleSoft delivers a set of standard frequencies that are PeopleSoft-maintained. You can define additional, customer-maintained frequencies for nonstandard periods. For example, you could define a monthly-type frequency with a nonstandard annualization factor of 13 to represent 13 monthly periods in a year

PeopleSoft-Maintained Frequencies

PeopleSoft delivers and maintains the following frequency IDs in the Frequency Table component:

Frequency ID Description Frequency Type Annualization Factor

A

Annual

Annual

1

B

Biweekly

Biweekly

26

BMX30

Biweekly Mexico Factor 30.0

Biweekly

25.7142857

BMX34

Biweekly Mexico Factor 30.4

Biweekly

26.0571428

C

Contract

Contract

1

D

Daily

Daily

260

D365

Diaro 365 dias

Daily

365

D426

Daily 14 Payments

Daily

426

DAR30

Daily Argentina Facto 30.0

Daily

360

DMX30

Daily Mexico Factor 30.0

Daily

360

DMX34

Daily Mexico Factor 30.4

Daily

364.8

F

Every four weeks

Every four weeks

13

H

Hourly

Hourly

Use Standard Hours for Annualization

HMX30

Hourly Mexico Factor 30.0

Hourly

2880

HMX34

Hourly Mexico Factor 30.4

Hourly

2918.4008

JM

Japan Monthly

Monthly

12

M

Monthly

Monthly

12

M13

Monthly 13 payments

Monthly

13

M14

Monthly 14 payments

Monthly

14

Q

Quarterly

Quarterly

4

S

Semimonthly

Semimonthly

24

SMX34

Semimonthly Mexico Factor 30.4

Semimonthly

24.32

W

Weekly

Weekly

52

WMX30

Weekly Mexico Factor 30.0

Weekly

51.4285714

WMX34

Weekly Mexico Factor 30.4

Weekly

52.1142857