Create Conversion Formulas for Proration

The predefined proration formula GLB_EARN_PRORATION controls how the payroll calculation prorates an element entry when it encounters an event. This could happen when there's a change to an element entry value.

You can copy and edit a predefined proration formula to modify the calculation. Then, you can select the user-defined formula as the proration formula for your element.

Create a Formula

You must create a modified rate conversion before you create its related proration conversion rule.

1. Select the formula type Payroll Run Proration.

2. Search for and copy the predefined Rate Conversion Proration formula.

3. Add the suffix underscore _PRORATE to the name.

4. Update these formula inputs:

   • PRORATE_START_DATE (date)

   • PRORATE_END_DATE (date)

   • SOURCE_PERIODICITY (text)

   • DAYS_WORKED (number)

   • RATE_CONV_FORMULA (text)

   • HOURS_WORKED (number)

   • IN_AMOUNT (number)

   • UNIT_TYPE (text)

   • PRORATION_UNIT (text)

5. Add the formula outputs for the element input values.

6. Save, submit, and compile the formula.

Some countries or territories supply predefined proration formulas that you can use as the basis for your modified version.