Pay rules
You must set up contract pay rules to use the contract pay feature on employment contracts.
Pay rules are used to determine how time records are created and calculated for employee contracts that are associated with the employment contract. Payroll administrators specify a pay class and pay codes on each pay rule that are used for employee contract reporting and payout purposes.
See Pay classes and Pay codes in the Infor HR Talent HR Payroll Setup and Administration Guide.
Note:Â Pay codes with the calculation type set to Do Not Calculate are used
for most contract pay processing. The organization’s currency precision is used as the
rounding method for amounts on contract pay time records. For employment contracts with work
schedules set up to track volunteer work hours, use pay codes with the calculation type of
Hours Only for contract pay processing.