Overview of Flat Amount Allowance

Follow the steps described here to create an allowance that is payable to eligible employees in the organization as a flat amount, where there is no dependency on salary, although proration is possible.

For example, all employees receive a uniform allowance of £50 each month.

It is a prerequisite that you create the retro and allowance proration groups as described in the Common Setup section of this document.

Flat Amount Allowance Setup Summary:

TASK	ATTRIBUTE	VALUE
Create Allowance Element	Calculation rule	Flat amount
	Periodicity	Annual
Create Rate Definition – Element	Category	Element
	Storage Type	Amount
	Contributor Type	Input Value
	Contributor Name	Amount
Create Calculation Value Definition	Calculation Type	Rate Definition
	Calculation Values - Rate Definition	User-defined rate definition created for element
Create Calculation Factor for Allowance Element	Calculation Step	Rate Amount
	Calculation Value Definition	User-defined calculation value definition
Create Element Entries	N/A	N/A
Run Generate HCM Rates Process	Process Mode	Full