Merit Increase Formula


Does anyone have formula string they like to use to calcualte merit increases in a specific month? As an example, if my merit increases every March, I would want my wages line to increase automatically by a % every March. 


  • Hi Michael

    Assuming Merit is a line item, then you can have a if function to compare the merit of current period and previous period and then perform required actions accordingly.
  • What would that formula look like?