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. |