>> Payroll >Settings >Payment Configurations

Determines basis for which wages are calculated.

WAGE DAYS

Prorate Basis – determines days within a payroll period used to calculate prorated wages in the case of employees hired/terminated within the payroll period.

• Calendar Days - calendar days within the payroll period
  Example: June 1-15 Payroll; Calendar Days = 15 days
• Working Days - Standard rest day assumption applied, given no schedule is available prior to hire or post termination.
  • 5-day work week - sat/sun rest days
  • 6-day work week - sun rest day
  • 5-6 day work week - sat half/sun rest days
•  EEMR "Estimated Equivalent Monthly Rate" - average number of working days per year.
  EEMR = (365 - ((7 - work days per week))*52))/12
• Fixed Monthly Days - Fixed working days per month
  • 5-day work week = 21
  • more than 5-day work week = 25
    Note: Fixed Monthly Days can also be customized per employee via the Employee Payroll settings

TAXES

The non-taxable threshold applied to all Bonus payments.

LEAVE AND HOLIDAYS WAGE BASIS