FastTrack360 Version 12 Online Help
Back Pay
The Back Pay process allows pay rate changes to be applied retrospectively. Where payees' timesheets have already been processed and paid, the Back Pay process reprocesses the timesheets against the updated rates so that the payees' pay can be adjusted according to the retrospective pay rate change.
The Back Pay process can also trigger reprocessing of bill items so that agency customers can be re-billed to factor in a retrospective rate change into profit margins if necessary.
For the country of UK, the Back Pay process cannot be used to update agreements for job orders where Agency Worker Regulations (AWR) apply.
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Classification-Public