Some, but not all, Transaction Categories can be setup to calculate as a percentage of the NEC Grade, Internal Grade or Employee Master rate of pay.
Categories that have this option are:
- Allowance - Normal (Irregular)
- Allowance - Normal (Regular)
- Allowance - Service
- Allowance - Shift
- Deduction - Amount
- Deduction - NEC
- Deduction - Pension
- Deduction - Savings
- Deduction - Trade Union
- Earnings - Amount
- Earnings - Amount (Non Taxable)
- Earnings - Bonus
- Other - Employer Contributions
To set up a Transaction Code that depends on a percentage of the NEC Grade, Internal Grade or Employee Master rate of pay:
- Go to the 'Edit', then 'Transaction Codes' menu options
- Press 'Insert' to create a new Transaction Code
- Select the Transactions Category that suits the type of transaction being processed, above
- Enter the setup details for the Transaction Code
- Use the dropdown menu against 'Base On'
- Select 'NEC Grade', 'Master' or 'Internal Grade'
- A blank selection means that the Transaction Code will not depend on 'NEC Grade', 'Master' or 'Internal Grade'
- Click 'Ok' to save.
An example of setting up a Service Allowance that is based on NEC Grade rate see the heading 'Allowance - Service' under: Allowances
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article