PCR to be configured to calculate deductions based on last pay period gross pay /101

Hi Everyone,

My requirement is to create a pcr for deductions a per the below formula

deduction = 1.45% of previous pay period Gross Amount ( /101 wage type)  + $ 0.02

The process below needs to be configured:

1. 1.       Create constant  $ 0.02
2. 2.       Configure the wagetype
3. 3.       Update the  wagetype with 1.45% in IT0014
4. 4.       While running payroll, deduction gets calculated on Gross pay with below formula.

new WT has been configured. a payroll constant with 0.02 is also configured.

Kindly help.

Regards,

Kankana