Pay Code

Overview

Each employee will have a specified schedule that will outline their pay dates.  This selected schedule of pay depends of the pay details associated with the employee’s position and assignment as decided by the organization. The Pay Code screen is used to list and define the details pertaining to each schedule that an employee can belong to. The Pay Code maintains the detailed information such as Name, Description, and Pay Periods for each. The Pay Period is a crucial factor on this screen as it defines the exact dates and ranges of each pay.

Navigation 

Payroll Management ► Support Entities ► Pay Period Management ► Pay Period

Pay Code screen Fields and Tab

Field

Description

Code

 A unique identification code for Pay.

Active

 If checked indicates the Pay Code is available.

Number Of Pay Periods Per Year

 Total number of pay periods in the fiscal year.

Number Of Work Days Per Period

 Number of work days in a period e.g. 21 for monthly Pay Period.

Number Of Weeks Per Year

 Number of work weeks in the year.

Number Of Days Per Year

 Number of days in the year.

Number Of Work Days Per Year

 Number of work days in the year e.g. 260 or 261. Used for the payroll calculation.

Actual Number Of Work Days Per Year

 Actual number of working days in the year.

Average Work Days Per Year

 Average number of working days per year (e.g. 260.88) to be entered by the user. Used for forecasting.

Average Work Days Per Month

 Average number of working days per month (e.g. 21.00) to be entered by the user. Used for payroll and forecasting.

Average Days Per Month

 Average number of days per month.

Treasury Bank Account

 Bank account of the ministry of finance.

Is For Pensions

 If checked indicates pensions are available.

Description

 Pay Code description.

Pay Period Tab

 Defines the Pay Period for the Pay Code.