The Award Interpretation module references personnel placement and accurately costs labour transactions using logical table-based payment rules. Each costing element is mapped to the appropriate Pay Code to support payroll transaction export.
Costing elements can also be mapped to a wide variety of General Ledger and Costing matrices as required to automate Job & Activity Costing outputs.
The evolution of Microster has resulted in extraordinary depth of costing rule treatment across any mix of Awards, EBAs, AWAs and Collective Employment Agreements.
The Award Interpreter provides a consistency of treatment that supports,
- Automated payroll transaction entry
- Efficient, time-based transaction routines
- Lowest Cost placement options
- Proactive cost management
- Elimination of incorrect personnel payment
- Automatic Job Costing
- Industrial Agreement modelling
