Compensation Condition Type (COCT)

Since version 9.0

Compensation Condition Type defines which logic will be used to calculate a particular Compensation Condition Type and what parameters (in attributeX fields) will be available to the logic when it is executed.

Whether you use a different logic for various Compensation Condition Types or the same logic, depends on how much different the processes behind the various Compensation Condition Types are.

Fields

uniqueName

Identifier name, given by the implementation engineer.

label

Name of the Compensation Condition Type, visible to business users when selecting a type of a new line on a compensation plan.

formulaName

Compensation condition logic. This logic is used to calculate the following:

COLI – compensation line item – for draft / editable document

COLI – compensation line item – for approved / read-only document

COR – Compensation Record

waterfallElement

(Optional) Stands for a name of a waterfall element which will contain the compensation money amount calculated by this compensation condition type.

The actual usage of this setting is up to the implementation engineer who uses this value in another logic (e.g. in the Compensation Condition Item logic).

attribute1..30

(Optional) These attributes contains "settings" values used by the compensation logic to calculate results in a specific way. Mostly it is used this way: the implementation engineer creates a compensation logic which can handle several different Compensation Condition Types and the particular behavior for the specific Compensation Condition Type is driven by the value in the attributeX column.