valuation basis

Payroll (PY)

Amount per unit for a wage type that the system multiplies during the payroll run by the number of time units (usually hours) that the employee has worked.

Example:

An employee has worked 10 hours. You enter 10 in the Hourly wage wage type. The valuation basis for this wage type is USD 20.00. The employee therefore receives USD 200.00 remuneration.