Salary Equalization - Fields

 

Salary Equalization

Pay Cycle

Select the pay cycle to process.

 

Type of Employees to Include

Select the type of employees to include in the salary equalization.

 

Equalize to What Percentage

Type the percentage for equalizing salaries. Normally the percentage is set to 100.00%. Under certain circumstances, however, you may want to equalize to a different percentage. For example, if you want to post to Job Cost on a weekly basis, but you pay employees biweekly, and you want to post equalized wages, you could equalize to 50% during the first week of the pay period. Any change to this percentage will cause the pay period date range to recalculate to be the number of days in the pay cycle multiplied by the equalization percentage.

 

Recalculate Pay Rate

Select this check box to recalculate the pay rate on each TimeCard entry that is processed. Clear this check box to leave the pay rate unchanged.

 

Set Approval Flag to Yes

Select this check box to set the approval flag to yes for each TimeCard entry that is processed. Clear this check box to leave the flag unchanged.

 

Starting/Ending Pay Period

Type the starting and ending pay period dates. Only TimeCard entries dated within this range will be processed. The starting pay period date is calculated from the equalization percentage and the pay period. This recalculation takes place whenever the ending date, pay period, or equalization percentage is changed. You can manually change the starting date. The ending pay period date defaults to the current accounting date, but can be changed.

 

Employee Number

Enter a range of employee numbers, or select the All check box to include all employee numbers. Click the Lookup button to list all employee numbers.

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