Forum Discussion

stevet's avatar
stevet
Experienced Cover User
6 years ago

Changing Pay cycles

Hi   We use AccountRight Premier.   We want to change from a fortnightly payroll cycle to a monthly payroll cycle and we would like to do this at the end of the 2019 financial year. So, the last ...
  • Neil_M's avatar
    6 years ago

    HI stevet

     

    In terms of things to keep an eye on when changing the pay frequency, one of the big ones would be the entitlement calculations, particularly if the employees are on a salary basis. As most entitlements for salaried employees will be a fixed amount per pay period, if the pay period increased this would cause an imbalance in the amount of the entitlement that the employee will receive.