Retro Pay Effective Mid Payroll
When Retro Pay Job Salary records have an Effective Date that starts Mid Payroll for the new Retro Pay Rate/Amount, will the Retro Payout Amount only be for the Effective Dates that have a new pay rate/amount, or will the Retro Payout Amount be for that entire payroll period?Â
Payroll
Payroll Processing
Process Retro Pay
Employee is receiving a pay change that is retroactive and the Effective Date in Job Salary falls in the middle of a payroll period.Â
The retro payout should only be for the new effective dates where the pay rate/amount has changed. The Retro Payout Amount is the difference between the old rate/amount and new rate/amount. Since the dates before the new Effective Date had no pay rate/amount change, there is nothing to pay out for those dates. The payout should not be fore the entire payroll period, just the dates with new retro rate/amount.Â
If you use Time Entry, It does not matter if the records rolled up when moving Time Entry to Payroll.
The retro payout should only be for the Effective Dates with a Pay Change. Â