You include overtime or additional hours for employees in their transaction. These can be included in imported hours, when you key transactions or added to existing transactions. You can continue to add to or remove items from the transaction until you produce the EFT, update leave or produce the Pay Advices.
There are three standard overtime types available:
Time/Half or T/Half - multiplies the rate by 1.5
Double - multiplies the rate by 2
Penalty - multiplies the rate by the OT Factor. This can be used to pay overtime rates other than Time/Half and Double as you enter the OT Factor. For example, to pay double time and a half, enter 2.5 in OT Factor.
To add additional hours or overtime to a transaction:
Go to Payroll, Transactions, Processing, Extended Timesheet.
Select the Employee.
Select the Pay Component to enter, e.g. Normal Hours, Overtime Hours, etc.
Click Add, which will create a line in the pay component.
Enter the relevant information, hours, units, amount, dates etc. The available fields will change depending on the component.
For Overtime:
Click Add.
Select the Overtime Type.
If you chose Penalty, when you move to the next field OT Factor will appear. Enter the overtime rate in OT Factor.
Make required changes to Pay Class, Cost Account, Rate etc.
Repeat steps 3 to 6 until all components have been entered.
Click Process to save.