Payroll Rounding
Lynne Wagner
Member Posts: 2 ✭
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
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First of all I would like to know the reasoning behind the request to round Gross pay. This is not a usual practice.0
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Agree is not the norm except for those who pay cash0
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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
(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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