Mar
Week Starts On and Payroll Periods
Posted by Jared in NewsTagged: News, overtime, pay period, reporting, reports
Does your organization process payroll on a semi-monthly basis? Do you also have to calculate overtime? Then you’re going to love this new feature.
Now within your TSheets account preferences you may specify what day you want your week to start on, and what you want your payroll period to be. For example, you could specify that you have a semi-monthly payroll period – the first period ending on the 14th and the second payroll period ending at month-end. And you can specify that your week starts on Monday. How these settings affect reports is best illustrated by some pictures.

As you can see, overtime must be calculated based on the total hours for a given work week, and should be independent of what your payroll period start and end dates are. Most companies process their payroll on a bi-weekly basis specifically so that they can avoid this kind of confusing calculation. But if you have semi-monthly pay periods – or you want the ability to put in an arbitrary set of reporting dates, set the ‘Week Starts On’ appropriately for your account and TSheets will make sure that overtime calculations are handled appropriately.
You access these new settings by going to My Account -> Advanced, and then clicking on the Report Options tab




