Hi BYBookkeeping,
Thank you for your post.
In this case, you would first enter the normal hourly base rate ($19.41) directly into the employee's card file (see below).
For your overtimes pay items, you would need to create each one with a fixed calculation basis, for example - your 1.5 overtime category would be set up like this:
As you can see, the fixed rate is 1.5 the different base hourly rate (21.35 x 1.5=32.03). You will then do the same setup for your OT 2x and OT2.5x.
If you have further queries or require more assistance with this, please let me know - happy to help.
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Sam_R Thanks for your reply.
Yes, I agree with you. That's exactly what I've done.
I was hoping there was a better more simplistic way to do it.
This company has 8 apprentices all on different stages of their apprenticeships (Year 1,2,etc), with different amount for allowances and with payrises annually. The payroll categories will be out of control.
In your example the Overtime would need to be called 'Overtime 1.5x EMPLOYEE NAME 4th Year 2022', and there would be 2 of these a year (annual increase and apprenticeship anniversary increase).
It was worth asking, thanks.
While I have you - what do you suggest doing in MYOB to be alerted to the different staff employment/apprenticeship anniversaries? Is there something on their card that I'm missing?
Cheers, Belinda
