14th Payday

The base for the calculation of the portion of the 14th Payday is defined in Salary types. The portion of the 14th Payday will be calculated each month and entered as an employer provision.

 

The calculation and payment of the 14th Payday is carried out in the reporting in the ‘Navigate’ ribbon -> Calculation of the 13th/14th Payday. You can record payments in the course of the year in report journal, where you are also able to enter the salary type of the 14th Payday disbursement with the amount of CHF 0.00. As a result, the credit balance of the 14th Payday is paid out before deadline. For automated processing, please use the ‘Navigate’ ribbon -> Payment of the 13th/14th Payday to facilitate the corresponding processing. Payments made during the year will be considered in case of the actual final payment by the end of the year.

 

IMPORTANT INFORMATION:

These changes exclusively concern the companies that want to adjust a 14th Paydya apart from the 13th Payday.

 

There are some companies that also want to adjust a 14th Payday apart from the regular 13th Payday. For the accruals to the FIBU and cost accounting (BBA) and the payment to be done correctly, the 14th Payday was integrated in SwissSalary.

 

The ‘14th Payday’ tab in the Absence Claim has the same properties as the familiar 13th Payday field. So as to specify the salary types used to calculate the portion of the 14th Payday, you will find in the salary types the new field Portion of the 14th Payday. Of course, some salary types can be exempted from the 14th Payday according to the wage code: that is, e.g., the hourly wage is subject to a benefit, but not the monthly one.

So that the provision could function at all, of course, the new provision and disbursement salary type must be defined (similar to the 13th Payday ST). These salary types must be added to the Payroll Setup -> tab ‘Base’! In order not to omit the provision for a new employee, this can be predefined per Allocation Group. Payment of the 14th Payday:

The existing functions 13th Payday Calculation and Disbursement of the 13th Payday were enhanced in the report journal with ‘13th/14th Payday Calculation’. You can then decide in the Options tab whether you would like to calculate and pay the 13th MW or the 14th MW. Thus, the 14th Payday functions similar to the 13th Payday wage!

 

IMPORTANT INFORMATION:

If the 14th Payday is not common for you, you can do without these settings!

 

You can define for each Absence Claim code in the Absence Claim table whether the 13th Payday or the 14th Payday should be paid out directly with every wage payment.

 

with balance

Default = The 13th/14th Payday is netted and paid in full at the end of the year.

Instant Pay

The 13th/14th Payday will be disbursed directly with each pay process.