The pay period number is the number assigned to each pay period in a calendar or fiscal year. It helps organize and track payrolls throughout the year.
Calculate Transmittals, Pay period number
Examples:
If your organization runs biweekly payrolls, there are typically 26 pay periods in a year: Pay period 1 might be Jan 1-14. Pay period 2 would be Jan 15-28. And so on up to pay period 26.
For bimonthly payrolls, there are typically 24 pay periods in a year, so pay period 1 might be Jan 1-15. Pay period 2 would be Jan 15-31, and so on.
Why it matters
Helps with reporting, especially for troubleshooting and audits.
Useful for reconciling payroll across different departments or systems.
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