Pay Frequency
On the Payroll for Pay Period form, this value is used by the Compute Payroll function to convert the paycheck amount to an annualized amount. This value overrides the Employee Pay Frequency field value, which defaults from the Employees form.
These are the valid pay frequencies:
- Daily - The employee is paid daily.
- Weekly - The employee is paid once each week.
- Bi-weekly - The employee is paid once every two weeks.
- Semi-monthly - The employee is paid twice a month.
- Monthly - The employee is paid once every month.
- Quarterly - The employee is paid once every quarter.
On the Payroll Distribution form, the Pay Freq field displays the value used on the Payroll for Pay Period form.