Setting the Pay Period
The pay period defines the length of the pay class, such as; weekly, bi-weekly, semi-monthly, monthly, or custom.
- Select Setup from the navigation list.
- Select Pay Class from the slide out menu.
- Select the default Pay Class, Standard, from the navigation list. If you need to create a new Pay Class select + New.
- From the General column, select the Pay Period Type
The pay period defines the length of the pay cycle.. Choose WeeklyA weekly pay period's length is 7 days., BiweeklyA biweekly pay period's length is 14 days., Semi-MonthlyA semi-monthly pay period occurs twice a month., MonthlyA monthly pay period occurs once a month. For example it starts on the 1st of the month. or CustomA custom pay period allows you to define the pay period length. For example, the current pay period may start on the 1st and end on the 18th and the next pay period will start on the 19th and end on the 29th..
- Set the starting date of the pay period at the Current Pay Period Start field. See the notes below about a semi-monthly and custom pay period.
- Semi-Monthly Pay Period - If you choose Semi-Monthly, you will need to set the date that the current and next pay period starts on. For example, the current pay period start on the 1st and the next pay period starts on the 15th.
- Custom Pay Period - If you choose Custom, you will need to set the date the current pay period starts and ends on. You will also need to set the end date for the next pay period. For example, your next pay period could start on the 1st and end on the 18th and your next pay period will start on the 19th and end on the 27th.
- At Automatically Close Pay Periods, select the settings to automatically close your pay periods for the selected Pay Class.
- At Round Registrations By, select the rounding rule to use when calculating punches.
- Continue to the Benefit Accruals, Overtime, Break, Premium TimeThe premium time tab is only available in the Enterprise version of PayClock Online., Consecutive DayThe consecutive day tab is only available in the Enterprise version of PayClock Online. or Advanced tabs to complete your set up.
- Once complete select Save.
Wed 12/05/2018