Adding time code balance types

Time codes can be configured to automatically increment or decrement balances when encountered on an employee’s timesheet. Time code balance types are used to define exactly how the balance should be affected by the presence of a time code.

  1. Select Maintenance > Payroll Settings > Advanced Payroll Settings > New Time Code Balance Types.
  2. Click Create New Entry.
  3. Specify this information:
    Time Code Balance Type
    Specify the name of the time code balance type.
    Description
    Specify a brief description for the balance type.
    Minutes for Interval
    Specify a value representing the round interval in minutes.
    Split at Minute
    Specify a value representing the round split in minutes.
    Change by
    Specify a unit of change for the balance.

    For example, if the Minutes for Interval, Split at Minute, and Change By fields are set to 15, 7, and 0.25 respectively, and if 31 minutes are charged to a time code linked to an employee balance, the application increments the balance by 0.5.

  4. Click Save.