Here's what's on the board for Payroll 2.0:
MULTIPLE PAYRATES
Up until now, you have only been able to store 1 payrate per employee. In Payroll 2.0 we hope to increase that to:
- Ordinary rate
- Time + 1/2 (ordinary x 1.5)
- Double time (ordinary x 2.0)
As well as those set rates - there may be 3 customisable rates, which can either be a set figure e.g. $15.45, or they can be a factor to base upon the ordinary rate, e.g. 3.0 would equate to ordinary x 3.0 (triple time
)You will be able to set: the name of each rate (to appear on screen, reports and payslips) and the amount or factor for each rate. These customised rates are unique to each employee.
PAYSLIP RE-DESIGN
As a result of the new rates - the payslips will be split into 3 main sections: Earnings, Deductions, Disbursements. You will also be able to set the method of disbursement for each employee e.g. Direct Credit, Cash, Cheque, Food Stamps :p
DEDUCTIONS
You will be able to setup Global Deductions - these will likely be 10 amounts which can be entered manually during Pay Employees. However, it is not known at this stage if any deductions will be automatic, as this would be a complicated item to program.
If automatic deductions were to be programmed - how would they work? How would they be calculated for each employee etc? Remember- they may not necessarily make the final cut, I want to retain some of my hair
.INTERNATIONAL CURRENCY
Payroll currently defaults to the dollars ($) symbol, in 2.0 you will set a custom symbol for your currency.
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Other Info:
- files will be updated to a new format
- files will NOT be backward compatible with previous versions
- Alpha/Beta test copies will be available (before the end of February)
If you have any comments or questions - please post them here because work will be starting on this fairly soon.
Thanks, I hope you will all enjoy this upgrade when it is released.
