This option is used to define your pay cycle frequency i.e. weekly, bi-weekly, etc.
▪Select the Config menu.
▪Select the Setup menu.
▪Select Pay Cycle Setup.
The following screen will appear:
Adding a New Pay Cycle
To add a new pay cycle:
▪Click on the Plus icon.
A new line will be displayed at the bottom of the grid.
Enter the Pay Cycle Description.
▪The Pay Cycle number will be auto assigned for you after you save the setting.
▪Click in the End Date field and select the End Date. This pay cycle will start on (June 18th) the day after the end date you select.
▪Click in the Frequency field and select the frequency from the drop-down list.
▪For a semi-monthly cycle, enter the day of the month period is to start from.
The new pay cycle is now assigned the next code, in our example this is 52.
The new pay cycle is immediately available on Pay Cycle drop-down lists.
In this example we can see pay cycle 52 can be selected from the Employee Profile Pay Cycle drop-down list.