What is the LSL accrual calculation on a fortnightly basis?

Kathyd

Hi

If we pay fortnightly and due to the way our Payroll is set up could you please advise what is the L/S/L accural calculation on a fortnightly basis.

I have it calculated at 0.01667 hrly or 1.27hr per fortnight to equal 8.6667 wks after 10 yrs.

True fortnightly calc would be 1.2667 but Reckon only goes to 2 decimal places unless this can be changed?

Acctd4

Yes, 0.1667 is correct. The decimal places are fixed but it isn’t really an issue as it equates to such a minimal amount (eg minutes)

Kathyd

Thanks for checking the calculation