AU Payroll - Bulk update decimal points
Payroll template for employees have 6 decimal points. The bulk update pay rate only allows 2 decimal points with rounding, which make the pay rate incorrect.
There should be a setting that allow users to adjust decimal points to fit with each business set up.
Trang Nguyen
shared this idea
Hi Trang, thanks for sharing your feedback and experience with the new bulk wage update tool!
The tool is designed to help you update employees' regular earnings rates in bulk, for example when applying wage increments or Fair Work award rate changes. As you're aware, Fair Work base rates are set to two decimal places which is why you can only enter these to 2 decimals.
However, we understand that rates with 3 more more decimals can crop up in practice due to annual salary conversions or penalty rates (such as 1.25×, 1.5×, or 2.25×).
If you are managing percentage-based increments, a quick tip is that you can use the percentage rate option when applying the increase.
If you'd like a hand with your specific setup, please feel free to raise a case with our Xero Support specialists—they'll be happy to take a closer look with you! 😊
