Message-ID: <1396582814.29940.1591421114641.JavaMail.csuser@audmzcmscf01.aumeldmz.local> Subject: Exported From Confluence MIME-Version: 1.0 Content-Type: multipart/related; boundary="----=_Part_29939_888810564.1591421114641" ------=_Part_29939_888810564.1591421114641 Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable Content-Location: file:///C:/exported.html Bi-monthly pay period date calculation

# Bi-monthly pay period date calculation

A bi-monthly pay frequency means that= there are 24 pay periods a year - two per month.

Ideally, these should be the same dat= es every month, but it can be confusing when one of the pay dates falls clo= se to the end of the month, particularly in February.

Ace Payroll uses the following logic = when calculating bi monthly pay dates:

• = If a pay date falls on the 15th of the month, it is assumed the next pay da= te falls at the end of the month.

• = If a pay date falls on the last day of the month, it is assumed the next pa= y date is the 15th of the following month.

• = If a pay date falls prior to the 15th of the month, it is assumed the next = pay date is 15 days after that, unless that date is the end of the month in= which case the pay date is the day before the end of the month. In other w= ords, if a pay date is 14th February in a non leap year, the next pay date = is 27th February.

• = If a pay date falls between the 16th and the day before the number of days = in the month, the next pay date is that day value less 15 of the following = month, with the maximum date being the 14th of the following month.<= /p>

A slight shifting of dates can result= from bi-monthly pays which are not set to the 15th or last day of the mont= h.

For exact calculation, set the pay da= te to either the 15th or last day of the month. Otherwise it is a good idea to verify the pay date is what y= ou expect each pay period.

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