How to change 1G/6G rate (yearly procedure) - Folketrygdens grunnbeløp



Each year in the month of May the Norwegian government updates the rate for 1G. In the below link you can find the latest rates. 

https://www.nav.no/no/nav-og-samfunn/kontakt-nav/utbetalinger/grunnbelopet-i-folketrygden

Introduction

In APM Global Rate 10 is usually used to display "Folketrygdens gr.beløp" (1G) amount for all the Norwegian customers.

This amount is reviewed every year by the government (usually on the 1st of May) and should be updated manually in the APM application.

Note: All the other G amounts (6G, 12G etc.) are calculated based on the 1G rate within the Entry Code Scripts or Payroll reports.

Setup

In order to view/update the rate go to Setup →  Organization → Top level (Concern) →  Rates tab →  System 1.

Find rate line 10 → click on the rate value column → update the amount and save the changes.