AU Payroll - Monthly calculation based on hours worked in month
Update the monthly payroll to calculate based on the number of work hours in the month, rather than taking the yearly salary / 12 / number work hours. Given that each month has a different number of work days, the pay rate changes every month and this is a compliance issue.
Kelly Thompson
shared this idea
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Grace Toussaint
commented
HI my montly payment show next year date
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Diana Zou
commented
Existing monthly payroll, pay stays constant every month. Whereas hourly rate changes depends on the working days of that month, leave taken instead of 7.6 hours a day, also varies depends on working days of that month. When employee terminate, the annual leave pay out is also calculated by a variable rate * leave hours accrued in system. If someone leaves in a 23 working day month could end up getting a lot less then others leaving in a 20 working day month, giving 23 working day's hour rate is a lot lower than 20 working days.
This is a compliance issue, please fix this before small business gets in trouble.
Hourly Rate Must Be Fixed!!! -
Diana Zou
commented
Understand you completely, hourly pay rate changes every month, leaves taken hours changes depends on working days of that month, terminationg payment is paid out based on variable hourly rate * accrued leave. this is ridiculous!
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Natalie Hill
commented
Can Xero payroll show monetary accruals at 12.07% of the overall monthly wage rather than days accrued