Wage component formula

Profit calculates the value of the wage component using a formula. If the wage component uses the ‘Flexible calculation rule', then Profit displays the formula on the Formula tab. Profit does not display a formula for the other calculation rules because these are far too complex.

A calculation rule formula can be a simple formula, for example, ‘a * b * c’. It can also be a very complex formula in which Profit checks various things and depending on certain values or settings follows path 1 or path 2 of the calculation. For example, the calculation of the 'Loonheffing' is dependent on the white or green table.

No matter how simple or complex, you can always trace the calculation rule back to a formula with operators and parameters. Operators are arithmetic calculation methods such as plus, minus, multiplication, division, etc. Parameters are the numbers that the operators operate on. The formula ‘a * b * c’ has two operators and three parameters. When you assign a value to the parameters, Profit calculates the result of the formula.

Example:

The formula for the 'Overwerk 100%' wage component is 'IF ( [E] = FALSE; [D] * [G] * [H] /100 ; 0 )'. This formula uses the following parameters:

  • E: The salary is net
  • D: 100% overtime hours
  • G: Hourly wage calculation
  • H: Percentage

To view the wage component’s formula:

  1. Go to: HR / Organisation / CLA.
  2. Open the CLA properties.
  3. Go to the tab: Wage component.
  4. Open the properties of the wage component.
  5. Go to the tab: Formula.

    Profit displays the formula and the operation of the formula.

Note:

You cannot use the Error message field yet. To be able to use it, you need CLA Update 2014.03.XX and Profit 2014, Build 2, Update 8. We expect that the CLA Update will be available in mid-November.

Directly to

  1. Calculate a wage component
  2. Operation of a wage component
  3. Wage component calculation rule
  4. Wage component formula
  5. ‘Flexible calculation rule'