The Average Calculator is a feature built into the Income Amount Detail page. The Average Calculator allows the user to capture multiple pay dates and amounts for a single income record. The Average Calculator has a Calculate and a Use button to calculate the prospectively budgeted income amount and to populate the amount in the Reported Amount field.
The Average Calculator is also used to capture actual income amounts received. Income must be recorded in the Average Calculator, in order for EDBC rules to calculate an actual income amount.
The Begin and End Dates of the Income Amount Detail page determine if rules should calculate an actual or an average amount. If a Begin or End Date does not span the entire month (i.e. is the first day and/or last day of a month) the rules count actual income from the amounts in the Average Calculator.
NOTE: When actual income is determined by KEES rules, the actual income amount only displays in the EDBC Summary.
The Count in Average drop-down menu on the Average Calculator is used to determine if the amount entered should be used when the calculator determines the average prospective income. This field defaults to Yes. Change the value to No if it is unrepresentative income.
Directions for completing the Divisor drop-down menu are included in the steps below for: