This guide will assist you in setting up a formula for a claim type.
Note: There are numerous ways to set a claim formula, this is just an example that is commonly used
Once user is in the company, click on Tools > Claim Type under General Maintenance.
Identify the claim type that you would like to set formula for and edit by clicking onto the Pencil icon.
System will calculate the final amount based on the value you key into any of the column, in this scenario, mileage claim will be used as an example. Click on the pencil icon to edit the item.
Click on Formula.
Click on the tabs such as Functions / Claim Type / Conditions and drag and drop the icon into the blank space provided.
Example: VALUE * 0.5
Result: [Amount key in by user] * 0.5 = Final claim amount.
Once done, click on Save to save the changes made.
Click on the diskette icon to save and the Save button at the top right corner to save the changes made in the claim details.
END OF GUIDE