luPayrollPayFrequency lookup table

Description

The luPayrollPayFrequency lookup table is used to maintain the payment frequencies.

Example



Fields

Field

Description

Code

Unique code identifying the frequency.

Description

Description of the payment frequency. For example, Monthly or Weekly.

Divisor

Number of pay periods of this frequency per year. For example, a Monthly frequency would have a division of 12.

Note: If your pay period does not evenly divide into the year, divide 365.4 by the number of days in your pay period. For example, a Weekly pay period is 365.4/7 = 52.18.

Weeks

Number of weeks in the pay period. For example, a fortnightly pay period has 2 weeks.

Note: If your pay period has an unequal number of days, divide 52.18 by the number of pay periods per year. For example, a Monthly pay period would be 52.18/12 = 4.333.

ModifiedDate

Date and time the lookup table entry was last modified.

ModifiedUser

User that last modified the lookup table entry.