Example of Banked Overtime Paycode in Canadian Payroll
This article introduces an example of Banked Overtime Paycode in Canadian Payroll in Microsoft Dynamics GP.
Applies to: Microsoft Dynamics GP
Original KB number: 2003424
Here's the BOT 'banked pay code' setup using a Paycode Applied by Units method. You can also see the REG hourly income pay code.
Here's the employee test2 that's created to test with:
When you select the Control button on the Employee Maintenance window and you can see the following setup:
Select the Paycodes tab and you will see below paycodes (REG, OT, and BOT) mapped to the employee:
Here are screenprints of each of these paycodes:
Overtime code: OT
Banked Overtime: BOT
Now you created a batch called 13: Make sure the batch type and pay periods per year match the employee.
Go to the Payroll Quick Entry - Canada window and key a 9 hour transaction for one day at a rate of 25.00 using the REG hourly income pay code.
Then go to Payroll Generate Overtime - Canada window and Generate Overtime for the batch:
Next go to the Payroll Calculate Batch - Canada window and Calculate the Payroll Batch:
Then go to Reports > Payroll-Canada > Transactions > Calculation Reports and select the Detail Advice Slips button and print to screen.
The BOT banked overtime code has a 1.00 unit record at 37.50, so all of the overtime is banked.
Next go to Payroll Generate Cheques - Canada and select Generate Cheques:
Then go to Payroll Create Poster - Canada and select Create Poster File:
Then go to Payroll Update Masters - Canada and Send Poster To G/L and Update Masters with Current Payroll Data.
Next, go to Cards > Payroll-Canada > Employee, pull up the TEST2 Employee ID, and then select the Banked button. In the Payroll Banked Display window, select Overtime as the Banked Pay method. You should see the 1.00 unit entry against the BOT banked paycode: