Step 7.0 Configure Unit Rate
Unit Rate is a Fixed Rate determined by your company for Payroll calculation, typically used for Allowance with a fixed amount for each unit. For example, you can set a Unit Rate for Meal Allowance or Shift Allowance.
To set up Unit Rate, you need to do the below:
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5.4 Unit Rate Setup
Go to Main -> Payroll -> Unit Rate Setting -> Unit Rate Group, The table shows a list of all available Unit Rate Group. Click the 'Unit Rate Setup' button to set up details for each Unit Rate Group.
Step 7.2. Create Unit Rate Group
Creating a new Unit Rate Group is simple and straight forward. Step 1, 2 & 3: Go to Main -> Payroll -> Unit Rate Setting -> Unit Rate Group, Step 4: Click 'Create' button. Step 5 : Enter the name of the new Unit Rate Group in the column Step ...
Step 7.1. Create Unit Rate Description
To create a Unit Rate Description, Follow these steps below. Step 1 ,2 & 3: go to Payroll -> Unit Rate Setting -> Unit Rate Description Setting Step 4: Click 'Create' button, Step 5: Enter the name of your new Unit Rate Description in the ...
Step 7.3. Create Unit Rate Item
To create a new Unit Rate, you can follow these steps. Step 1, 2 & 3: Go to Payroll -> Unit Rate Setting -> Unit Rate Setting Step 4: Click 'Create' button Step 5: Firstly, decide which Unit Rate Group is applicable to the new Unit Rate that you ...
Step 8.0. Configure Daily Rate
Essentially, Daily Rate is the same as Overtime, except that Daily Rate is measured in terms of number of days, and Overtime is measured in terms of number of hours. The set up process is same as for Overtime Setup, hence you can refer to the guide ...