How do you calculate the rate per period in reckon one

Jill_10862436
Jill_10862436 Member Posts: 2 Novice Member Novice Member
in Reckon One

Hi,

I am having trouble with Reckon one & leave setup. I have part-time employees that accrue leave per time worked.

For example, in our business, a part-time employee is entitled to 12 days or 96 hours (pro-rata) of personal leave per year. If an employee works 40 hrs per fortnight, what figure do you enter in rate per period so the time accrues correctly?

Thanks, Jill

Comments

  • Deepak Gyawali
    Deepak Gyawali Reckon Staff Posts: 52 Reckon Staff Reckon Staff

    Hi Jill,

    It will be best to discuss the calculations with accountants but as general i would divide 96/number of hours worked per annum to get the accrual per hour.

    Hope this helps.

    Kind regards,

    Deepak Gyawali

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