Salary Card - 'Rate Per Day' varies every month

[Josh]

Hi,

The salary card has a field called 'Rate Per Day'. But in my company, the 'rate per day' varies every month.

Rate per day = Basic Pay / No of working days.

Now, I've to manually change 'Rate Per Day' in the salary card every month.

Is there a better way to do it?

Thanks,
Josh

[Biju]

Hi Josh,

It's not necessary that you use the field 'Rate Per Day'.

Instead, you can create a new 'non-payslip' salary head called 'Rate per day' and you can specify a formula against it.

Rate per day = Basic Pay / Employer Work Days; { or something similar}

So, 'rate per day' will be calculated every month, and you don't have to modify the salary card every month.

And as you know, you can use the new salary head in other calculations.

Warm Regards,
Biju George