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Post Info TOPIC: Payroll study head scratching


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Payroll study head scratching
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Could some kind person shed some light on this for me please,

It seems that 12pay and Moneysoft  calculate and add the SSP for an employee but not amend the basic pay at the same time, so if an employee is not eligible for company pay whilst off sick this amendment to the basic pay is done manually.  So how is the adjustment calculated?  e.g is a monthly paid employee's daily rate worked out and then multiplied by the number of days they were in work that month which becomes their basic for that month and if so is that daily rate worked out from an annual or a monthly basis from the month in question?

Updated to say that google has told me there are two methods - one take monthly gross and divide by the number of days in that calendar month e.g 5000/31 to get the daily rate and multiply by number of days not off sick.

Alternatively divide annual pay by number of working days in the year to get the daily rate.

However neither method comes up with the correct answer (as given in my payroll study which uses sage) does anyone know if Sage has a different method? 

 



-- Edited by Simone on Wednesday 12th of August 2015 02:52:30 PM

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