Rounding Rules

In PeopleSoft Global Payroll, you can apply rounding to any component of an earning or deduction, the resolved amount of an earning or deduction, or within a formula. Rounding is applied to each of the components first before the resolved amount is rounded. Rounding is applied after proration rules are applied.

PeopleSoft Global Payroll for United States delivers these rounding rules:

Data to Be Rounded Rule

Compensation

For internal calculations, use six decimal places, but always resolve to two decimal places.

Hourly Rates

Always store hourly rates six decimal places.

Garnishments

For internal calculations, use six decimal places, but always resolve to two decimal places.

Taxes

For internal calculations, use six decimal places, but always resolve to two decimal places.

All Other Deductions

Calculate and resolve to six decimal places.

Net pay

Calculate and resolve to two decimal places.