Determining currency |
It can be defined for each individual wage type, which currency is to be used for calculation. It is defined in the ‘Definitive currency’ field. You can choose from either the ‘Employee currency’ (foreign currency) or the ‘Client currency’ (e.g., CHF):
Example: An employee gets his/her pay in euros. The flat rate expenses are fixed-defined at EUR 200. The ‘Client currency’ should always be calculated and the amount of EUR 200 always remains the same.
For the BVG insurance, where the value is fixed by the insurance company, the calculation may be the other way around. The amount in CHF always remains the same and the amount on the payslip is recalculated each time. |