Fast Formulas [message #161076] |
Wed, 01 March 2006 21:50 |
chakree
Messages: 6 Registered: December 2005 Location: AP
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Junior Member |
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Hi,
Can anyone help me of how to write formula to calculate Gross pay ,net pay.
Though i know the general fomula
Gross Pay = Net pay + deductions
Net pay = earnings - deductions;
Basic sal = total sal * 60/100;
HRA = Total sal * 40/100;
pf = basic sal * 12%
i need to write fast formula using these in Oracle HRMS.
i WOULD HIGHLY APPRECIATE IF ANY HELP
thanks in advance
chakree
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