The following steps explain how to set up user-defined methods for salary, overtime, and leave (paid/unpaid).
Step 1: Access Timesheet Policy
Go to Settings > Company Setup. Under the Timesheet tab, click on Default Calendar Days. This will allow you to view the Timesheet Policy.
Step 2: Configure Timesheet Policy
Select "Default - Calendar Days" or click "Edit" to view the Timesheet Policy. You will find the new setup option for "Pro Rata Basic Salary" which includes options for Calendar Days, Working Days, and Fixed Days.
Choose the method that aligns with your company policies to set the calculation method for eligible days for employees who work incomplete months.
Step 3: Define Non-Working Days
After saving the Timesheet Policy, scroll down to see the setup for Non-Working Days. You can define these based on the calendar week.
Step 4: Schedule Work Shift on Non-working Day or Rest Day
With the new working day, non-working day and rest day setting, you can also schedule a full day or half day work shift for your employees. This provides flexibilities to calculate overtime for different shift schedule.
To setup the schedule, go to Time Management > Scheduling, select date range calendar, and click Assign button.
Step 5: Set Overtime Pay Rates
After saving the Non-Working Days, scroll down to the Overtime Pay section. Click "Edit" to select the payment rates for Normal Overtime, Day Off Overtime, and Holiday Overtime.
Ensure you select the correct daily and hourly rates. You can enter rates with two decimal places.
Step 6: Assign Timesheet Policy to Employees (if applicable)
If you create different timesheet policies for different employees, you will also need to assign the specific timesheet in their Employee Profiles.
Update Employee Payroll Policies (if applicable)
In the Employee Profile, select the employee and update the Payroll Policies in the Contract section.
After setting up the calculation methods, you can proceed with your monthly salary calculations as usual.
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