Setup Pay Schedule
Pay schedules define when employees receive their salaries. Configuring this ensures timely payroll processing and compliance with company policies.
Setting Up Pay Schedule
Follow these steps to set up pay schedule:
- Navigate to Payroll Page: From the left sidebar, select Payroll to access payroll settings.
- Open Pay Schedule Tab: Click the Pay Schedule tab to proceed with pay schedule setup.
- Enter values: Provide values for corresponding fields.
- Save the Details: Click the Save button to finalize the pay schedule setup.
| Name | Description |
|---|---|
| First Pay Period | The first scheduled pay period, e.g., April 2025. This field is not updateable. |
| Pay Frequency | Defines how often payments are processed, e.g., Monthly. |
| Work Week | The defined workdays in a standard week. |
| Payday | The specific day salaries are paid, e.g., Last working day of the month or a custom date. |
| Custom Payday | Available only when "Custom" is selected. Allows specifying a custom payment day. |