Dollar Based Pay and Bill Oncosts

Description

Pay and bill oncosts rates can be defined as a flat monetary amount from this release on.

To facilitate this, a new field labelled Rate Type has been added to the Rates and Rules > Maintenance > Pay Oncost/BillOncost Maintenance > Edit Oncost > Oncost Rate Entry, which is highlighted in the example below.

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The Rate Type field defaults to Percentage Based, thereby allowing an oncost rate to be based on a percentage value, as per previous functionality, but the alternative option of Dollar Based can be selected if the oncost rate is to be based on a flat monetary amount instead.

If the Dollar Based option is selected, the system will calculate an oncost by multiplying the quantity of units worked against a pay code, which is linked to the oncost, by the flat monetary amount.

Benefits

This enhancement adds the flexibility to allow oncost rates to be based on a fixed monetary amount instead of being limited to a percentage value.

Configuration

To configure a pay or bill oncost rate so that it is based on a fixed amount instead of a percentage, on the Rates and Rules > Maintenance > Oncost > Pay Oncost/Bill Oncost Maintenance > Edit Oncost > Oncost Rate Entry screen select the Dollar Based option in the Rate Type field and then key in the applicable flat rate value in the Rate ($) field, as shown in the example below.

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