timeware® users please note that timeware® Professional 2015 now supports the modified overtime calculation method specified in the updated ACAS guide to calculating holiday pay.
Three methods are supported by timeware:
- Overtime calculation adjustments are made in real time and reflected in the ‘Adjustment’ screen.
- Overtime calculation adjustments are made during the ‘export to payroll’ procedure.
- Overtime calculation adjustments are completed by company payroll system.
Further details on the new rules can be found at http://www.acas.org.uk/holidaypay
For more information about which method is best for your business, please call timeware® customer care on +44 (0)1706 659368.