How the “Net wage” total is calculated
The “Net wage” total is the result of summing calculation lines for a period taking into account whether a line is an earning or a deduction.
How the amount is formed
Each calculation line typically has:
- quantity (e.g., hours or units);
- amount (e.g., hourly rate);
- total (line total).
As a rule, the line total is calculated as:
total = quantity × amount
The line total is rounded to 2 decimals.
Calculation rule
“Net wage” is calculated as follows:
- Take all calculation lines in the payslip.
- For each line determine the sign:
- if the line is marked as a deduction — its total is subtracted;
- if the line is an earning — its total is added.
- Lines marked as “Skip” do not participate in the calculation.
In formula form:
Net wage = (sum of earning totals) − (sum of deduction totals)
where both sums include only lines that are not marked as “Skip”.
Important notes
- The “Hide” flag controls line visibility in the payslip. Such a line may be hidden but still participate in “Net wage” if not marked as “Skip”.
- “Net wage” is calculated as the sum of line totals (after rounding per line). Therefore, with many lines, small rounding differences can occur.
Example
Calculation lines:
- Salary — total
100,000.00(earning) - Bonus — total
10,000.00(earning) - Tax — total
15,000.00(deduction)
Then:
Net wage = 100,000.00 + 10,000.00 − 15,000.00 = 95,000.00
If any line is marked as “Skip”, its total is not included.