payroll period setting

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payroll period setting

I have some contactors who are paid semi monthly rather than fortnightly but that is not an option in the drop downs and on some periods I have difficulty in settimng the correct days for the period - any ideas how i can do this properly please

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MYOB Moderator
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MYOB Moderator
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MYOB Moderator

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Re: payroll period setting

Hi @wealthpointtw 


MYOB Essentials allows the user to process a pay using the pay frequencies of Weekly, Fortnightly, Four Weekly or Monthly. The reason for these options as it corresponds with the IRD issued PAYE tax tables.

 

The pay frequencies will also set the pay period dates for the pay. These dates can also be changed by the user as required. It should also be noted that sone of the period dates can be expanded to above the normal frequency i.e: Weekly allows up to 10 days & Fortnightly allows up to 19 days 

Kind regards,
Steven

MYOB Community Support

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