FAA6.N Examples : 26 Earned Income (EAIN/EAIC) Examples : N Change in Rate of Pay Example
N Change in Rate of Pay Example
 
On 03/01, Angela reports an increase in the rate of pay effective for her 03/06 check. Angela provides the following verification of income and that her hours will continue to vary:
 
Date Paid
Hours
01/30
38.4
02/06
33.6
02/13
35.0
02/20
37.1
02/27
34.0
 
MANUALLY average the hours in the income period.
 
178.1
Total of hours
/ 5
Divided by the number of periods
35.62
Average of hours
 
 
For APRIL, key the following on EAIC:
 
INC TYPE: WA
FREQ: WK
NUMBER OF PERIODS
PERIOD
DATE PAID
HOURS
HR. RATE
GROSS AMOUNT
01
03/06
35.62
5.55
 
DOC: Average hours of 01/30 to 02/28 = 35.62
New rate effective 03/06
 
NOTE Leave the GROSS AMOUNT field blank.