Rounding Rules
How to create a rounding rule:
- Go to Preferences tab.
- Select Payroll.
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Click Rounding Rules.
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Click + Add to add a rounding rule.
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Select the Company and Branch.
Rounding rules can be set for one or multiple branches.
- Rounding types include Round Up, Round Down, or Round Off.
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Round Up: e.g.,
100.01 will be rounded to 101.00.
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Round Down: e.g.,
100.99 will be rounded to 100.00.
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Round Off: e.g.,
100.01 will be rounded to 100.00, and 100.50 will be rounded to 101.00.
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- Rounding rules can be set for:
- Net Income
- OT Amount
- OT Hours
- OT Rate
- Tax
- Total Deductions
- Total Earnings
- Total OT Earned
💬Note
1. Overtime hours can be rounded to the nearest unit of 15 minutes, half an hour, or an hour.
2. Overtime hours include compensated leave.
Example 1
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1. Item = Overtime Hours 2. Rounding Type = Round down 3. Rounding Unit = Quarter Hour (displayed in 15-minute intervals) |
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Timesheet |
Pay Details |
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Overtime (OT) Hours in Timesheet = 01:17 hours |
Overtime (OT) hours in Pay Details will be rounded to 1:15 hours. |
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Overtime (OT) Hours in Timesheet = 01:42 hours |
Overtime (OT) hours in Pay Details will be rounded to 1:30 hours. |
Example 2
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1. Item = Overtime Hours 2. Rounding Type = Round up 3. Rounding Unit = Quarter Hour (displayed in 15-minute intervals) |
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Timesheet |
Pay Details |
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Overtime (OT) Hours in Timesheet = 01:17 hours |
Overtime (OT) hours in Pay Details will be rounded to 1:30 hours. |
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Overtime (OT) Hours in Timesheet = 01:42 hours |
Overtime (OT) hours in Pay Details will be rounded to 1:45 hours. |
Example 3
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1) Item = OT Hours 2) Rounding Type = Round off (rounding down) 3) Rounding Unit = Quarter Hour (Displayed in every 15 minutes) |
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Timesheet |
Pay Details |
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Overtime (OT) Hours in Timesheet = 01:17 hours |
Overtime (OT) hours in Pay Details will be rounded to 1:15 hours. |
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Overtime Hours in Timesheet = 01:38 hours |
Overtime (OT) hours in Pay Details will be rounded to 1:45 hours. |
Example 4
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1. Item = Tax 2. Rounding Type = Round Off (Rounds to the nearest integer. If greater than or equal to 0.50, round to 1. If less than 0.5, round down.) |
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Before adding rounding rules. |
After adding rounding rules. |
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The tax calculated is 193.45. |
Rounded to RM193.00 |
|
The tax calculated is 193.88. |
Rounded to RM194.00 |
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The tax calculated is 193.50. |
Rounded to RM194.00 |