A950 Amount Owing at Year End Rollover#
This component calculates the amount owing at year-end rollover.
Choose the rule to be used as the ‘Amount Owing at Year End Rollover’ rule.
Rule | Description | Logic | Assoc. | Go to |
---|---|---|---|---|
01* | Time x Rate | Calculates amount owing based on the year end wage rate calculated (A920 or A930 if exists) x the Time owing (A900) | A900 A920 A930 | A960 |
Calculates the amount owing at year-end rollover by multiplying Time Owing x Wage Rate calculated. If rate averaging has been used, and A930 has been defined, that wage rate will be used (A930). Otherwise the rate calculated by A920 will be used.