Employee Life Cycle
Monthly-Paid Employees
New Employees: the following are the basic Cycle Change entries that must be done for new Monthly-Paid employees.
1. Salary Change: a salary change for a new employee (Employee Transactions>>Salary Changes) will generate the following four (4) cycle change entries.
Fortnightly/Weekly-Paid Employees
Rate Change: a rate change for a new employee (Employee Transactions>>Rate Changes) will generate the following two (2) cycle change entries.
Bank and Account Changes: these entries must be made for all new employees (How do I change a Bank?); (How do I change a Bank Account?)
It is always recommended that New Employees have their Brought Forward Earnings and Taxes entered for a more accurate calculation of their future Earnings. If an employee does have Brought Forward amounts, please see the section Brought Forward
Any other cycle change entry that may be specific to an employee (deductions, other income) may be entered.
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