Global Absence Ceiling Proration
The Global Absence Ceiling Proration fast formula can be used in cases where a proration factor (or a multiplication factor) needs to be applied onto the maximum ceiling limit.
An organization might have a rule which asks for the ceiling limit to be prorated based on FTE or even their job. In such a case, after the ceiling rule is defined, the ceiling proration rule can be composed to return a proration factor which will be multiplied onto the ceiling limit before returning the final value against the worker’s enrollment data.
Configuration Point in HCM Cloud
If you have created this formula, you can attach this formula to the absence plan definition.
Navigation
- In the Absence Administration work area, click Absence Plans to open the Absence Plans page.
- On the Search Results section toolbar, click Create to open the Create Absence Plan dialog box.
- In the Plan Type field, select Accrual.
- Click Continue.
- On the Edit Absence Plan page Accruals tab Plan Limits section, select a value other than None in the Ceiling Rule field.
- After defining the ceiling rule as desired, select Formula in the Ceiling Proration field.
- Select the defined formula from the Ceiling Proration Formula field.
Contexts
The following contexts are available in this formula type:
| Context Name | Data Type |
|---|---|
| ABSENCE_ENTRY_ID | Number |
| ABSENCE_TYPE_ID | Number |
| ACCRUAL_PLAN_ID | Number |
| DATE_EARNED | Date |
| EFFECTIVE_DATE | Date |
| END_DATE | Date |
| ENTERPRISE_ID | Number |
| HR_ASSIGNMENT_ID | Number |
| HR_RELATIONSHIP_ID | Number |
| HR_TERM_ID | Number |
| JOB_ID | Number |
| LEGAL_EMPLOYER_ID | Number |
| LEGISLATIVE_DATA_GROUP_ID | Number |
| ORGANIZATION_ID | Number |
| PAYROLL_ASSIGNMENT_ID | Number |
| PAYROLL_ID | Number |
| PAYROLL_RELATIONSHIP_ID | Number |
| PAYROLL_TERM_ID | Number |
| PERSON_ID | Number |
| START_DATE | Date |
Input Values
| Variable Name | Data Type | Description |
|---|---|---|
| IV_ACCRUAL | Number | Accrual value received from the accrual matrix |
| IV_CARRYOVER | Number | Carryover limit received from accrual matrix |
| IV_CEILING | Number | Ceiling limit received from the accrual matrix |
| IV_ACCRUALPERIODSTARTDATE | Date | Start date of accrual period |
| IV_ACCRUALPERIODENDDATE | Date | End date of accrual period |
| IV_CALEDARSTARTDATE | Date | Start date of accrual calendar year |
| IV_CALEDARENDDATE | Date | End date of accrual calendar year |
| IV_PLANENROLLMENTSTARTDATE | Date | Start date of enrollment |
| IV_PLANENROLLMENTENDDATE | Date | End date of enrollment |
| IV_ACCRUAL_CEILING | Number | Annual accrual limit from the accrual matrix |
Return Variables
| Variable Name | Data Type | Description |
|---|---|---|
| prorationFactor | Number | Multiplication factor for ceiling |
Sample Formula
Requirement: The organization has a ceiling rule which allows workers to accrue upto a maximum of 35 days. This ceiling limit needs to be pro-rated by FTE for workers who have the jobs ‘Wealth Management’ or ‘Trade Associate’ assigned against their assignment record.
Solution: A Global Absence Ceiling Proration formula such as the one below can be used.
FORMULA NAME: ANC_CEILPRORAT
FORMULA TYPE: Global Absence Ceiling Proration
DESCRIPTION: This formula returns the proration factor for the ceiling limit for the absence plan
DEFAULT FOR PER_ASG_FTE_VALUE IS 1
DEFAULT FOR PER_ASG_JOB_NAME IS ' '
prorationFactor = 1
IF (PER_ASG_JOB_NAME = 'Wealth Management Consultant' OR PER_ASG_JOB_NAME = 'Trade Associate')
THEN
(prorationFactor = ROUND(PER_ASG_FTE_VALUE,2))
RETURN prorationFactor