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Payroll Setup & Maintenance: Updating the maximum OT rate to 4000

Overtime (OT) Calculation Updates: Ensuring Correct Rates After Employment Act Changes and Resolving Incorrect OT Amounts

Updated over 3 weeks ago

The updates in the Employment Act is regarding the Maximum Pay Allowed to Calculate HRP. This update is on our version v.2023.1
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To change this:

  1. Go to Housekeeping, Setup, Parameter Setup.

  2. Go to the Pay Calculation tab.

  3. Under Overtime Determination, Maximum Pay Allowed to Calculate HRP, change the amount to 4000.

  4. Click Apply, OK.

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