Calculation method

The following table explains the main calculation methods. For a full list of calculation methods, see the PayGlobal Help file.

Calculation method	Details
F. Fixed	Transaction total is calculated using: (The lesser of Quantity or Maximum Quantity) x Rate x Factor.
Q. Quantity	Transaction total is calculated using: (The lesser of Quantity or Maximum Quantity) x Rate x Factor.
G. Percentage of Gross	Transaction total is calculated using: (Quantity x Rate) x Factor.
A. Super calc with monthly minimum	PayGlobal uses the following calculations: - The Rate is derived from the Super Gross, which is the total value of historical and current allowance transactions that have Use/Include in Super Calculations = "Yes". - The Transaction Total is derived from the Super Gross Quantity of the Super PTD date range for this pay sequence. - Breaks are defined in the allowance. The rate value is determined by the values in the From and To fields. Generally this transaction uses Rate = "0" and a Unit rate is specified.
I. Percentage of Allowance Group	Transaction Total is calculated using: ((The lesser of Quantity or Maximum Quantity) x Rate) / 100. The Quantity is calculated using the sum of all Transaction Totals in the current pay (for allowances in the specified allowance group).

When you set up leave loading in Australia to generate a separate allowance, the allowance must have the following settings to process successfully:

Type = "A. Allowance"
Calculation method = "K. Leave loading using AL table calculation".

Allowances with the following calculation methods are not affected by the value in the Factor field. PayGlobal does not use the Factor field when it calculates the transaction value.

G. Percentage of gross
I. Percentage of allowance group
M. % min of gross or std earn

Topic: 13210