Why are the "Work Hours" in my Semi-Monthly Time Period 86.667?
In the Admin > Setup > Time > Time Period Setup, you may see 86.667 as the "work hours." This allows your Unanet system to calculate pay costs based on an equal 24 periods throughout the year. We calculate the value as shown below:
hours in standard business year/number of periods in year = period work hours
2080/24 = 86.667
If you do pay employees a fluctuating amount based on the actual hours in the semi-monthly period, you will need to adjust the work hours for each period manually in Admin > Setup > Time > Time Period Setup.
Note: For semi-monthly time period users, Unanet recommends using Style 1 Dilution.