Back Pay Automation
What is its purpose?
The new Back Pay process feature automates the processes of having to calculate the rate difference for the back pay period (which gets more complicated when the employee is also paid penalties), then you need to calculate the tax owed on the back pay, and so on. The new feature significantly removes the need for any manual calculations.
Why is it important?
Reduces the need for Pay roll administrators of having to calculate the tax owed on the back pay, and from having to worry about penalties that may have been applied to the employee. The Back Pay wizard will apply the correct amount and automate the whole process.