July 23, 2020
Our company had a payroll frequency change effective December 25, 2019, going from semi-monthly to bi-weekly. How do we proceed in the model?
Posted by Armanino Financial Advisory Team
The model is not designed to handle such a change. Simply load them all in as-is (i.e., semi-monthly pay in 2019 and bi-weekly pay in 2020, with “Semi-Monthly” chosen in cell B5 for Pay Cycle Frequency) and do not worry about the change in frequencies.