Annual Bonus payment
Can someone help me the configuration for annual bonus payment, my client requirement is as follows;
Bonus paid is 20% of basic as on March
calc = financial yr (actual basic drawn for fin yr upto 3500 *20% or less)
Maximum limit is 8400
Bonus amount to be paid twice in a yr (As currently they calculate total bonus amount and spread the payment to two pay days spread over months)
Thanks so much for all the help, really appreciate.