Date printed: 10-31-2024 Last updated: 07-25-2008 To view our complete support knowledge base and most current version of this article visit support.timeips.com. |
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Payroll Settings require the assignment of several types of rules within the TimeIPS system. This is a brief overview of the three main types of rules that must be set.
Note: For ease of use, TimeIPS recommends that these rules be set in the order listed. We also recommend these rules be set before employees are initially added to the TimeIPS system (when possible).
Using the left pane Main Menu, click on: Administration » Payroll and Reports » Overtime Policies
Overtime Policies define how overtime is calculated for workweeks. These policies stand alone and do not, by themselves, determine how overtime is calculated for any one employee. Instead, you must link Overtime Policies to Workweek Groups.
♦ Tip: For detailed information on Adding New and Editing Existing Overtime Policies please refer to Overtime Policies.
♦ TIP: If your overtime policy should not pay doubletime or premium time, set the Workweek Limit for Doubletime or premium Time to 169 and the Daily Limit for Doubletime or Premium Time to 25. If this overtime policy should not pay overtime, also set the Workweek limit for Overtime to 169 and the Daily Limit for Overtime to 25.
Using the left pane Main Menu, click on: Administration » Payroll and Reports » Workweek Groups
In this screen you can change the settings for a workweek group, add a new workweek period, add or delete employees assigned to the workweek group or completely deactivate the workweek group altogether.
3. Payroll Types
Using the left pane Main Menu, click on: Administration » Payroll and Reports » Payroll Types