Payroll Rounding

Lynne Wagner
Lynne Wagner Member Posts: 2 ✭
edited September 2019 in Reckon Accounts (Desktop)
Hi There can anyone point me in the direction of how to round gross pay to even dollars when the hourly rate cant be changed to more than 2 decimal points

Comments

  • Sue Atkinson
    Sue Atkinson Member Posts: 26 ✭
    edited March 2016
    First of all I would like to know the reasoning behind the request to round Gross pay.  This is not a usual practice.
  • Lynne Wagner
    Lynne Wagner Member Posts: 2 ✭
    edited March 2016
    Agree is not the norm except for those who pay cash
  • Acctd4
    Acctd4 Accredited Partner Posts: 3,189 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited September 2019

    Hi Lynne

    Agree that this is unusual & am curious as to what situation would require this as you can remove cents on RA reports & the RA BAS drops cents for you.

    Unless of course an employee only works minimal hours & doesn't earn enough to pay PAYG Tax ...?

    If this is the case, opting to round NET Pay should still work.  This option is under Preferences > Employee & Payroll ..." Cash Pays Rounding"

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner(AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

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    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)

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