Change of Payroll schedule
Posted: Tue Nov 09, 2021 2:16 pm
PC 12 user.
Personnel is requesting that we change from our current pay schedule, 15th and EOM (24 pay periods) to every other week (26 pay periods). This will take some changes in pay dates as well. Currently I am set for the last paycheck to deposit 12/31/21 and the pay dates for that check is 12/1-12/15. I am hoping it's as easy as changing the number of pay periods in powerchurch to 26 instead of 24 and my thought is to make the pay dates for the last check of 2021 12/1-12/24 and begin the first direct deposit January 14 with pay dates 12/25-1/7 with the first payroll deposit 1/14. Am I going in the right direction with this? I do understand it will effect the budget for 2021 since I am adding the extra 9 days. I am always paranoid messing with anything IRS related..... I am not seeing an option to just "change" the pay schedules, does that mean I will have to restart? I have been using PC for 4 years and it still scares me sometimes.
Robin
Personnel is requesting that we change from our current pay schedule, 15th and EOM (24 pay periods) to every other week (26 pay periods). This will take some changes in pay dates as well. Currently I am set for the last paycheck to deposit 12/31/21 and the pay dates for that check is 12/1-12/15. I am hoping it's as easy as changing the number of pay periods in powerchurch to 26 instead of 24 and my thought is to make the pay dates for the last check of 2021 12/1-12/24 and begin the first direct deposit January 14 with pay dates 12/25-1/7 with the first payroll deposit 1/14. Am I going in the right direction with this? I do understand it will effect the budget for 2021 since I am adding the extra 9 days. I am always paranoid messing with anything IRS related..... I am not seeing an option to just "change" the pay schedules, does that mean I will have to restart? I have been using PC for 4 years and it still scares me sometimes.
Robin
I appreciate all the help!