As each in and out punch is entered, TimeCard Calc will automatically compute the overtime and gross earnings, displaying the totaled information at the bottom of the time card.
Each employee time card displays all of the
in and out punches for the work week, their calculated net hours for each
day, their total regular, overtime and doubletime hours and gross earnings,
their charge-to departments, (if tracked), miscellaneous income like tips or
commissions, (if tracked), and their average pay rate.
Special Type Codes like Sick or Vacation can be entered on the employee’s
time card and will be included in the payroll interface. Companies can vary
on their application of overtime when it comes to Type Codes. For example,
if an employee works 35 hours, then takes 8 hours of vacation, (for a total
of 43 hours in a week), does that employee get overtime for those 3 extra
hours? Labor laws mandate that an employee is paid time and a half if they
worked more than 40 hours in a week. In the case where the employee
actually worked only 35 hours, it’s up to the employer to decide if the
vacation hours are to be applied toward overtime.
An alternate pay rate can be applied to a specific work period and will
likewise be included in the payroll interface. Each employee can clock-in
up to 7 times in a day, providing accurate department charge-to tracking.