G.T.R.
Data Inc.
EBD’s Formulas - 2
The formula below is an
example of a deduction involving a more complicated calculation.
This formula first determines the employees annual salary. If the employees
salary is greater than $50,000 then this formula will calculate the minimum
of 3.25% of his earnings or the contents of the DENT-MAX variable. The minimum of the two
becomes the value of the deduction. If
the employees salary is less than $50,000 then
the same comparison is made except that 2.25% of
earnings is compared to DENT-MAX.
if |annsal| > 50000 then
minimum (|E| * .0325,|Dent-max|) else minimum (|E| *
.0225, |Dent-max|)