Payout Calculation
About Payout Calculation
The payout calculation process follows these steps:
- Select applicable norms based on their effective dates and active status
- Retrieve transactions from the selected cycle that match the function's criteria
- Apply calculation formulas to determine payout amounts
- Create payout mappings that link transactions to recipients
- Post to ledger (done separately after review)
You can view the results in the ledger after calculation is complete.
SimPay