Profit Sharing Contributors

Use the predefined balances to compute the total profit sharing amount.

The total profit sharing amount is the sum of these two portions:

• Days portion: It is computed based on the number of days worked by each employee during the fiscal year.

• Earnings portion: It is computed based on the salaries earned by each employee in the fiscal year.

The elements eligible for profit sharing (contributors) should feed the days and earnings balances through the Element Subclassification Rules user interface.

Profit sharing is computed based on the Relationship NoCB Year to Date dimension of these predefined balances:

SUBCLASSIFICATION / BALANCE NAME	CATEGORY
Eligible Compensation for Profit Sharing	Miscellaneous
Eligible Worked Days for Profit Sharing	Miscellaneous