Pay Run Settings Explained

Moni Petcharat

May 24, 2023

340

🎯 The Pay Run Settings Accordion allows you to select specific options which affect the information displayed and certain calculations performed when processing your pays.

🎯 Based on the requirements of Single Touch Payroll Phase 2 and how corrections are processed/reported to the ATO, e-PayDay Go provides three different Pay Run Types which can be selected when commencing a new Pay Run - Regular, Out Of Cycle or Missed. Due to this, the dates for each Pay Period's first Regular Pay Run processed are defined within the Organisation settings. If there is a 'break' where no Payees are paid, the Pay Run Dates can be manually adjusted.

Pay Period allows you to select unique dates for each Pay Period you require, as listed in the Drop-Down Menu.

Pay Period Starts is dynamically calculated based on the Pay Period and Pay Period Ends Date selected.

Pay Period Ends requires you to select the Pay Period Ending Date for each Pay Period you require.

Pay Day requires you to select the Pay Day Date for each Pay Period you require.

🎯 Pay Day must be within 30 days either way of the Pay Period Ends for each Pay Period you require. As an example, if the Period End Date is 23rd August, Pay Day could be any date between 24th July and 22nd September.

Weeks Per Year is currently hard-coded to 52 weeks; however, further options will be added later.

Round Net Pays allows the choice between

NO ROUNDING: The net pay will not be adjusted (Cents will not be deducted from the Net Pay and added to Total Tax).
ROUND TO THE NEAREST LOWER WHOLE DOLLAR: The net pay is adjusted automatically by cents being deducted from the Net Pay and added to Total Tax.
ROUND TO THE NEAREST LOWER WHOLE DOLLAR IF PAY IS TAXED: If the Pay is taxed, the net pay is adjusted automatically by cents being deducted from the Net Pay and added to Total Tax.

Record Time in is currently hard-coded to Decimal; however, further options will be added later.

Show on Printed Pay Slip allows the selection of certain options to be displayed on the printed Pay Advice Slip

Leave Balances enables the selection of the relevant values for each leave type to be printed.

If selected, the Leave Accrual will be displayed on the Pay Advice Slip.

If deselected, the Leave Accrual will not be displayed on the Pay Advice Slip.

Payee Bank Account Details enables the relevant bank details for the Payee to be Hidden or Partially Displayed.