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Sunflower's avatar
Sunflower
Experienced User
4 years ago
Solved

Where does the annual salary figure come form

Hi Steven,   I also have one more question regarding her payslip. Her payslips shows Annual salary is $18928. what is that mean and how it calculates $18928. 12/7/21-25/7/21 was her first fortnig...
  • Steven_M's avatar
    Steven_M
    4 years ago

    Hi Sunflower 

     

    The annual salary that is listed on an employee's payslips comes from the Annual Salary that you have listed on the employee's card at the time of producing that pay. This can be reviewed by Card File>>Cards List>>Employees>>Choosing the employees' card>>Payroll Details>>Wages -- Annual Salary. 

    Note: For hourly employees, this value comes from the hourly rate multiplied by the Hours in xx pay period multiplied by the number of pay frequencies in a year. 

Steven_M's avatar
Steven_M
Former Staff
4 years ago

Hi Sunflower 

 

The annual salary that is listed on an employee's payslips comes from the Annual Salary that you have listed on the employee's card at the time of producing that pay. This can be reviewed by Card File>>Cards List>>Employees>>Choosing the employees' card>>Payroll Details>>Wages -- Annual Salary. 

Note: For hourly employees, this value comes from the hourly rate multiplied by the Hours in xx pay period multiplied by the number of pay frequencies in a year. 

Sunflower's avatar
Sunflower
Experienced User
4 years ago

Thank you Steven

 

You are the best!:smileyvery-happy:

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