Create Calculation Value Definition for Seniority Allowance

To create a new calculation value definition to record the percentages for the allowance the employee will receive based on their seniority. You can create the value definition or create a new value definition group.

To create a new calculation value definition:

Fastpath: My Client Groups > Payroll
  1. Use the Calculation Value Definition task, click Create.
  2. Enter the following details:
    Field VALUE
    Value Definition Group Use any predefined or user-defined existing value definition group or create your own group for this purpose
    Calculation Type Flat Amount
    Retrieval Date Date Earned
  3. Record the calculation values, with the From and To values representing the number of seniority years and the allowance percentage when they reach that seniority From year. Example of Calculation Values:
    From To Flat Amount
    0 2 0.0
    3 9 0.05
    10 14 0.08
    15 99 0.1