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Home > Frequently Asked Questions (FAQ) > Organisation FAQ's > Pay Run FAQ's > Update the Organisation's Round Net Pays Option
Update the Organisation's Round Net Pays Option
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Select Organisation.

 

Select Pay Run Settings.

 

Change Round Net Pays as required.

 

  • No Rounding: 
    • EFT: NO rounding occurs.
    • FAST-Bank: NO rounding occurs.
    • Cash: Round to the nearest lower 5 cents (e.g. If 36 cents, round to 35 cents OR if 32 cents, round to 30 cents).
  • Round to the nearest lower whole dollar: 
    • Regardless of the Payee's Payment Method, all cents are reported in PAYGW
      • Example - If the Net Pay amount is $434.86, 86 cents will be added to PAYGW. Net will be reduced to $434.00.
  • Round to the nearest lower whole dollar (if PAYGW applicable): 
    • Regardless of the Payee's Payment Method, If PAYGW is applicable, all cents are reported in PAYGW.
      • Example - If the Net Pay amount is $434.86, 86 cents will be added to PAYGW. Net will be reduced to $434.00.
      • Example - If PAYGW = $0.00, then NO rounding occurs.

 

Select Save.

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