New Feature: Pro-Rate Custom Items
SimplePay automatically calculates and applies a pro-rate percentage to the Basic Salary of employees if they do not work for a full pay period i.e. the are appointed after the start of a pay period or terminated before the end of a pay period. We’ve received several requests to allow for the pro-rata percentage to be applied to other items, and are delighted to announce that this functionality is now available for certain custom items.
When creating a custom item that is an Income, Allowance or Deduction item, there is now an additional option to enable pro-rate for this custom item if the Input Type has been set up as “Fixed Amount” or “Amount per Employee”:
- To read more about setting up custom items with this functionality, refer to our Custom Items help page.
- For more information on how SimplePay calculates the pro-rata percentage, refer to this help page.
We hope this new functionality makes processing payroll for new or terminated employees slightly easier. If you have any questions or suggestions on how we can improve this, please reach out to our Support team.
Team SimplePay