Processing Final Pay for Daily Paid Employees
The first prerequisite in creating a Final Payroll run for Part time is a "Part time Payroll run".
To determine the final pay setup, simply click on the Setup tab on the Navigation toolbar, select Company, and click on Profile from the drop-down list that appears. Scroll down to Final Pay Computation.
If you opt to deduct absences, lates, and undertime. You also have the option to include 13th-month pay in the final pay computation.
Once Final Pay setting has been configured, you can proceed creating Payroll run. In Payroll run type, select Final Pay - Part time.
*Note: You can edit employment status in advance, the employee will still be included in the normal payroll until his resignation/termination date. After the resignation date, the employee will not be included in the normal payroll run.
Once you have updated the employment status, you may now generate final pay. Under the Payroll Run tab, select Create New Payroll and just fill out all the necessary details.
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