How Can I Change Our Payroll from Monthly to Bi-weekly?
You should set up a Bi-Weekly pay period to switch to a bi-weekly payroll.
To change from monthly payrolls to bi-weekly, complete the following steps:
Parent Topic: FAQs
You should set up a Bi-Weekly pay period to switch to a bi-weekly payroll.
To change from monthly payrolls to bi-weekly, complete the following steps:
If you plan to enter timesheets each week, set up the new timesheet periods with a Frequency of Weekly and a Default Auto-Adjust % of 50 % (to prorate labor cost for half the biweekly salary each week).
This rate is multiplied by the number of work hours in the year, as set in the Configure Labor Setting screen, to get the annual salary. Then, the annual salary is divided by the number of pay periods per year. Make sure that the pay period salary is correct. Otherwise, auto-adjusted timesheets for salaried employees could be incorrect.