Purpose: Easily generate biweekly payrolls for new joiners.
Here are two ways to process a new joiner's first month's salary on a biweekly basis:
a) If a new joiner's 'Start Date' falls on a different date than the first day of cut-off:
Example:
Salary Cut Off: Current 1st to 15th
Start Date: Current 4th
There's no need to change the payment terms from 'Biweekly' to 'Monthly'. You may process their salary as usual for the month by calculating the whole month's salary by keeping the payment term as biweekly.
The system will be able to calculate the second payroll (month end) according to the biweekly payment term.
b) If a new joiner's 'Start Date' falls on the same day as the first day of the cut-off:
Example:
Salary Cut Off: Current 1st to 15th
Join Date: Current 1st
You can still process both biweekly payrolls (mid-month and end-month payroll) for new joiners.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article