This guide will assist you in converting the overtime hour to allowance using a fixed hourly rate.
To convert the overtime hour to allowance using a fixed hourly rate, go to Tools > General Maintenance > Allowance.
Click onto the Add New button.
After that, set a specific allowance Code and Description on the columns that are given and then click on Formula to set Allowance Formula.
Users may set the formula as below.
IF (OVERTIME FOR WORK DAYS > 104) (OVERTIME FOR WORK DAYS – 104) x
5 ELSE 0
END OF GUIDE
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