Rate Codes

Use rate codes to resolve multiple components of pay, including base pay and non base pay. Rate codes retrieve multiple components of pay data from HR and bring that data into Global Payroll. The system calculates the values in Global Payroll, rather than transferring the data directly from HR so that currency conversions can be calculated for each payroll run.

HR rate codes (HR rate codes) are not automatically resolved in Global Payroll. To pay the rate code, you set up an earning element in Global Payroll and use the rate code element within the definition of that earning. You must define an earning element for every rate code element that you want to pay.

Note:

When you define a rate code element in Global Payroll, you associate it with a predefined HR rate code. The Global Payroll rate code element is automatically created only if the HR rate codes are defined when Global Payroll is installed.

Note:

Global Payroll cannot map to rate matrices. Global Payroll can only map to simple rate codes.