TRAXPayroll
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Company Hour Benefit Types

Overview

  • Hour Benefit Types are used for paying and tracking hours worked and time off.
  • Accruals can be set up each pay period and capped at specified maximums.
  • Hour benefits can be shown on employees' pay stubs.
  • TRAXPayroll's Time Off Approval system allows employees to enter requests for time off for managers to approve or deny.
  • Hour Benefit Types that have not been used can be deleted.

Add Hour Benefit Types

  1. Menu: Company>Hour Benefit Types
  2. Click the Add Hour Benefit Type button.

  1. Select the appropriate Hour Type from the drop-down list.
  2. The External Hour Type field is required for importing hours into TRAXPayroll from other systems.
  3. 'Has Hour Benefit' is always checked. This cannot be changed.
  4. Check the box if the hours should accrue.
  5. Check the box if you want the accruals and balances to show on employee pay stubs as shown below.
  6. If you're using the Time Off Approval portion of TRAXPayroll's Time Sheet system, check the 'Allow Time Off Requests' box
    to allow managers to approve or deny time off entered by employees.
  7. If 'Allow Negative Balance' is set to 'No', a message will show up in the Payroll Center if an employee's balance is less than zero.
  8. A one-time credit adjustment will need to be entered on the employee's record to bring the balance to zero or greater.
  9. Click the Save button.

Edit Hour Benefit Types

  1. Menu: Company>Hour Benefit Types
  2. Click the Edit button next to the record you want to update.
  3. Unused hour benefits can be inactivated by un-checking the 'Active' box.
  4. The External Hour Type field is required for importing hours into TRAXPayroll from other systems.
  5. Make the necessary changes and click the Save button.

What's Next

Related Links:

Company Menu
Employee Hour Benefits