Set Up Earnings Elements
You need to create absence elements for each absence plan that transfers absence payment information to payroll for processing.
To create a new absence element:
Navigation:
- Set up Earnings Elements with the values as shown here:
Field Value Calculation rules Flat Amount Default Periodicity Periodically Periodicity Conversion Rule Standard Rate Annualized How do you want the work units reported? None - If there are some elements which are a part of the above Rate Definition but are
nonrecurring functionally, for example a Bonus, use these setup as shown
here:
Acting Allowance Flat Amount Recurring N/A Performance related pay Flat Amount Recurring N/A - Save the details.Attention:
- Don't select the Allow multiple entries in same period checkbox when creating elements. The HCM Rates functionality doesn't support the creation of rated associated with elements with multiple entries allowed.
- Even if one of the above element types is a nonrecurring payment, you need to configure it as a recurring element and limit its usage to a one-time payment with the start and end dates on the element entry.