Scheduling for the Last Period Only

To have an earnings element paid only in the last period in a month, use generation control AUS GC LAST PERIOD to determine if the period being processed is the last period of the month; for example, period 4 or 5 for weekly pay frequency or period 2 for semimonthly. The PHONE earnings element uses this generation control.

The formula attached to this generation control is AUS FM LAST PERIOD. That formula also uses the period formulas—AUS FM PERIOD <number>—that are associated with the seven generation controls.