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Set Up a New Base Pay Rate

The Base Pay Rate is used to calculate each employee’s pay. Base Pay Rates must be setup before setting up the employee record.

To set up a new Base Pay Rate:

  1. Click Setup
  2. Click Base Pay Rates

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  3. Click Add

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  4. Enter a description and the new Base Pay Rate. (See below table on how to calculate the base pay rate)

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  5. Click OK.

How to work out a Base Pay Rate (Using sample pay data)

Pay Period: Fortnightly

Weekly Working Hour: 40 hours

Fortnightly Pay: $1600

 

Divide Gross Pay

$1600

By total hours for the Pay Period

      80

Base Pay Rate

    $20

 

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