Gross Wages Report In Ingress & TCMS V3
Ingress & TCMS V3 are able to generate a report to calculate simple gross wages. You will need to configure in Ingress & TCMS V3 before you can make use of this report.
Wages report will simplify management's task in order to sort out attendance for payroll purposes. Management can generate this report as reference for payroll calculation.
Day Type settings
You can configure the payment for different day type, such as normal work day, rest day or holiday etc. You may also configure the payment of normal working hours and overtime working. You can do these initial settings in Day Type.
You must configure the pay rate of users. The pay rate is pay per hour. You can do the settings in User Records.
Viewing Gross Wages report
Sample of calculation,
Rate/Hr = USD100
For normal work day → normal working hours = 187.93 hours x 100%
= 187.93 hours
OT working hours = 24.18 hours x 150% = 36.27 hours
Total = 187.93 + 36.27
= 224.2 hours
Payment = 224.2 hour x USD100/hr = USD 22420
For holiday → not working For rest day → normal working hours = 2.70 hours x 200%
= 5.4 hours
OT working hours = 3.38 x 300%
= 10.14 hours
Total = 5.4 hours + 10.14 hours
= 15.54 hours
Payment = 15.54 hours x USD100/hr = USD 1554
Therefore total of payment = USD 22420 + USD 1554 = USD23974