Intro – Pay Period #
Pay period is the time interval for which employees’ wages or salaries are paid. Acci.cloud supports various pay period cycles, including Weekly, Biweekly, Semi-Monthly, Monthly, and Quarterly. A pay period must be set up before any pay run can be entered.
Create a New Pay Period #
- Go to Payroll on the left sidebar, and select Pay Period
- Select the pay frequency, weekly/monthly …, for the new pay period.
- Click Add First or Add New button.
- On the Add New period page, fill in the following fields
- Pay Period Name: Enter a unique pay period name.
- Pay Frequency: It is a pay frequency you choose before adding new pay period.
- Description: Explain what the pay period is for, up to 50 characters.
- Select Start – End Day: For monthly or quarterly frequency, you have to specify start day and end day. Default is 1st to end of month. You can enter custom date like 20th and 19th.
- Select Pay Day: For monthly or quarterly frequency, pay day is a day of month from 1st to end of month. For weekly or biweekly frequency, pay day is a weekday from Monday to Saturday.
- Pay following period option: For weekly or biweekly frequency, you can choose if the pay day is on or after period.
- First start-end date: Enter the first start and end date of the pay period.
- First pay date: Enter the first pay date of your first period.
- Second pay date: For semi-monthly pay cycle.
- Create new period for current year: It is telling you that system will auto create pay periods from specified start date till end of current year. It is not editable.
- Also create new periods for next year: optional.
- Click Save
