Set Accumulators – A summary of the activity

Through this activity, you can define the values for accumulators. You can also modify the same.

Setting of Accumulators: An accumulator is a set of pay element values. It can be a rule or method that states how a computation must be carried out. The accumulator consists of one or more pay elements, in combination with mathematical operators. For example, Basic + (HRA* 50%) could be an accumulator you define to calculate the taxable income for Tax type B1. In the “Set Accumulator” activity, the pay elements to be contained in the accumulator and the mathematical operators are specified.

 Getting familiar with the pages inside

Prerequisites

The accumulators must be defined in the quick codes component.

 The pay elements must be defined in the “Create Pay element” activity.

 What you can do in this activity

Set an accumulator

Set an accumulator

You can set a value for an accumulator.

• Select an accumulator for which you want to define the value.

• Specify the pay element values that will form an accumulator