Financial Advisory Blog

Armanino’s Financial Advisory blog is your source for thought leadership around cloud ERP and accounting solutions and integrations. Supported by the Cloud Accounting Institute and numerous experts in cloud, finance, reporting, integration, compliance, and technology, Armanino’s Financial Advisory blog features must-read content on what’s happening in the finance industry, case studies, white papers, and much more.

July 23, 2020

Since salaried employees don’t have “hours worked, should I just skip entering hours since that doesn’t apply to the exempt staff?

Posted by Armanino Financial Advisory Team

No, do not skip entering this data as none of the FTE calculations will be correct. Salaried employees should have their hours entered as:

  • 40 hours for each pay period if you pay your employees weekly
  • 80 hours if you pay bi-weekly
  • 86.7 hours if you pay semi-monthly
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