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Wage Obligation By Employee calculation explanation
Accrued Wages
Accrued wages on the wage obligation reports is calculated as follows:
If the compensation contract days worked is >= the compensation contract work days OR if the work days remaining for the compensation plus contract days worked is equal to the contract work days, then accrued wages is compensation contract obligation - amount paid - amount docked
If neither of the above are true, then we determine the daily rate from the compensation and accrued wages is calculated as (days remaining in contract * compensation daily rate) + (compensation amount earned - amount paid - amount docked)
Accrued wages that is shown on the compensation detail is just earnings - amount paid - amount docked.
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This report was written based upon the classic USPS report calculations.
Contract Remaining
The Contract Remaining = Contract Obligation - Amount Paid.
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