Before setting up payroll and its components, we recommend checking out how payroll works to get an idea of how to fully configure payroll settings.
Table of contents:
Set up Pay Cycle:
Navigate to Payroll > Settings
Click Pay Cycles to begin
Fill in the required fields:
Name: choose a name for your Pay Cycle
Description: enter information to describe the new Pay Cycle (optional)
Effective from: the month in which the pay cycle takes place (only the following months can be selected)
Repeat every: this section allows you to adjust Pay Cycles according to your company policy (1 Month, 1 Week, 2 Weeks, etc.,)
Cut-off date: enter the latest date that information should be submitted
The person in Charge: add the person who will receive notices to review payroll.
Review before pay date: default value is 5 days in advance.
Criteria: default value is all employees
Use Time Attendance: Use the toggle button to Enable or Disable data feeding from Attendance module to calculate employee payroll.
Calculate OT (Overtime) from Time Attendance: This option will only be available if Use Time Attendance is enabled.
Click Save to confirm the action.
Edit Pay Cycle
Navigate to Payroll > Settings
Click on the Pay Cycles tab to view available pay cycle(s)
Click More (⋮ icon) > Edit
Adjust the corresponding fields
Select a new Effective From (date). The new effective date must be after the current pay cycle
Click Save to apply changes
💡Tip: When making changes to a Pay Cycle, remember to select a new date in Effective From, or you'll receive the error message "Payroll cycle is running". This means your changes have not been saved.
📌 NOTE:
Only one pay cycle is available in this version