Friday, June 10, 2011

Time Tracking Changes for Weekly and Bi-Weekly Periods

If you run our Time Tracking Payroll report and compute payroll based on a weekly or bi-weekly period, overtime is now calculated based on a simple 40 hour work week.

If you compute payroll based on a semi-monthly or monthly period, overtime is still calculated based on a Sunday through Saturday work week.  For example, this month -- June 2011 -- the first day of the month actually started on a Wednesday.  If you had worked on Sunday, May 29, Monday the 30th and Tuesday the 31st for 8 hours a day and also worked 8 hours a day Wednesday the 1st through Saturday, you would have 8 hours of overtime for the first "week" of June (because it takes into account the 29th - 31st).

No comments:

Post a Comment