Pay Cycle
The Pay Cycle (CYCL) page allows you to define a distinct payroll cycle period in which pay, deduction, and pension details are processed for a given group of employees. The definition includes pay period begin date, pay period end date, check date, multiple compensation end dates, and pension system parameters.
Field InformationField Information
The Pay Day field specifies the contractual pay day, the date when the site is obligated to have payments in the employees’ hands.
The Settlement Distribution field specifies the date on which direct deposit payments are settled within the employees’ account.
