This guide will assist you in using the Overtime Rounding Settings.
This function is used to perform rounding on the worked overtime hours. There are three options for users to select, No Rounding, Round Up, Round Down, and 5 different time interval for selection: 5 mins, 15 mins, 30 mins, 45 mins and 1 hour.
Calculation:
Total Worked Hours – Shift Working Hours = Overtime Worked Hours
Overtime Worked Hours – Excluded Overtime Worked Hours = Acceptable Overtime Worked Hours
Acceptable Overtime Worked Hours will be rounded based on your selection.
Scenario:
Shift in time: 10:00am
Shift out time: 4:00pm
Break hour: 1 hour
Total Shift working hours: 5 hours
Settings
OT Rounding: Round Up
Rounding Time: 15 mins
Data
Clock in time: 10:36am
Clock out time: 5:48pm
Total Worked Hours = 5:48pm – 10:36am = 7.2hours
Overtime Worked Hours = Total Worked Hours – Shift Working Hours
=7.2hours – 5hours
=2.2hours
Exclude Overtime Worked Hours = Before Shift Time + Break 1 Time
=0hour + 1hour
=1.0hour
Acceptable Overtime Worked Hours = 2.2 - 1.0
=1.2hours
= 1 hour 12 minutes => Round up to 15 mins => 11hour 15 minutes
Result
Overtime in attendance transaction will show 1hour and 15minutes under the ‘Actual’ column
Explanation [Attendance Transaction > Scenario]
END OF GUIDE