Create Rate Definitions for Payroll Interface

Optionally, you can create rate definitions to calculate compensation rates and other rates. For example, accrual rates, using payroll balances, element entry values, or values defined by criteria.

Use the Rate Definitions task in My Client Groups to convert the base salary defined in one pay frequency to multiple frequencies.

Here's how you can create a rate definition:

1. In the Create Rate Definition dialog box, complete these fields:

   Field	Value
   Category	Element
   Legislative Data Group	US
   Storage Type	Amount This value must be the same as the Input Value chosen when you defined the Salary Basis.
   Element Name	Select the required value.

2. Click OK.

3. On the Create Rate Definition page, consider these points:

   • The Overall salary check box is selected.

   • The periodicity of this rate definition matches up with the periodicity of the salary basis to which the underlying element is mapped.

   • The Rate Contributor is defaulted to the same input value that was specified in the corresponding salary basis.

4. Click Submit.