Forum Discussion

stroltz's avatar
Experienced Cover User
2 years ago

Base hourly rate incorrect



The employee card has the hourly rate set as $29.52 but every payslip for this employee it is lower.


Please help!

  • Hi stroltz 


    I'd check that the standard pays for this employee matches what is on other employees.


    Interestingly 9.7 * 29.52 = 286.34

    less 0.2 hrs per FN

    0.2 * 29.52 = -5.90

    Balance = $280.44 (which is pay calculated by MYOB)


    You can set Fortnightly hours to 0.2, however on the Standard Pays screen, change the 0.2 to 0.0 - see if this solves the pay rate calculation issue.


    When you use timesheets, the hours shown on Standard Pays are factored in (bug).




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  • Sean_DC's avatar
    MYOB Moderator

    Hi stroltz 


    Thank you for your post. I'm glad to assist you.


    There could be two reasons why it is showing differently or lower which is either rounding or manual changes made on Pay Slip

    For the Rounding, you can change the rounding settings by going to Setup >> General Payroll Information. There is a field there to allow you to round up the nearest cent, if we set this to 100c then this will round to the nearest dollar. This depends on how you want it to be rounded. Please ask for assistance from your accountant if needed for the rounding.



    Please feel free to post again. I'm happy to assist further.


    If my response has answered your enquiry please click "Accept as Solution" to assist other users in finding this information.


    • stroltz's avatar
      Experienced Cover User



      thanks for the reply.


      We have not made manual changes to these payslips.

      The rounding is set to "Round net pay down to a multiple of 5 cents" but that does not explain this.

      It only for this employee that the base hourly rate is being automacitally changed to some weird figure?


      • gavin12345's avatar
        Ultimate User

        Hi stroltz 


        Perhaps point out how you process the payroll. Is it via timesheets? What did you enter on screen? The 9.7 hrs or the $280.44 (or both). What does the Standard Pay screen show on the Employee's Card > Payroll Details. Also where does the Annual Salary of $153.50 come from?