Overview:
The Pay Rate/Standard Charge Schedule window allows you to set up and maintain hourly pay rates, standard charge rates, and standard charge markup percentages for specific payroll class and pay rates for work performed on jobs. On jobs where one of the below standard charge schedules exist, PENTA will override the matching employee's hourly pay rate and/or standard charge rate with the hourly pay rate and/or standard charge rate found in the schedule. Schedules are commonly used for prevailing wage requirements. The Pay Rate/Standard Charge Schedule is a standard schedule that can be assigned to jobs in the Job Information window. PENTA selects rates from this schedule during payroll processing according to its pay rate selection hierarchy, which is:
- Rates overridden in the Timecard Entry window.
- Rates at the Job/Employee/Cost Type/Costcode level (Job/CT/CC Pay Rate/Charge Schedule).
- Rates at the Job/Employee level (Job Employee Pay Rate/Charge Schedule).
- Rates at the Job/Payroll Class and Pay Rate level (Job Pay Rate/Standard Charge Schedule).
- Rates at the Job Type/Payroll Class and Pay Rate level (Job Type Pay Rate/Standard Charge Schedule).
- Rates from the Pay Rate Standard Charge Schedule assigned to the Job.
- Rates overridden at the Employee level.
- Rates entered at the Payroll Class and Pay Rate level.
Benefits:
- Ability to define override hourly pay rates, charge rates, and standard charge (cost) markup percentages for payroll class/pay rate combinations
Roles:
- Payroll Manager
Location:
- Payroll > Setup > Pay Groups, Payroll Classes and Workers Compensation > Pay Rate/Standard Charge Schedule
Video: