For fixed salary employees, the gross earnings data is sent to Access PayWise+ when the employee is set up and Access PayWise+ calculates the accrued salary daily, according to the following:
(GrossAnnualSalary/260) x Worked Days Until Today.
The "Worked Days Until Today" is the number of worked working days in the current pay period.
The current day doesn't count as worked until it ends (12pm UTC).
For part-time salaried staff the Access PayWise+ accrued amount is an estimation, as Access PayWise+ doesn't take into account the number of working days/period that is defined in other systems; it will always use the 260 working days/year calculation.
Calculation of accrued salary
Find out the calculation process for accrued salary in Access PayWise+.
Written by Gemma Langley
