How do you calculate the rate per period in reckon one

Jill_10862436
Jill_10862436 Member Posts: 2 Novice Member Novice Member

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

Welcome!

It looks like you're new here. Sign in or register to get started.