Adding a Time Code

To add a time code, complete the following steps:

1. Click to enter Add Mode.
2. Enter a unique numeric code in the first Time Code field (e.g. 3,4,5).

   Note: The two preset time codes (1 and 2) are used in several default system calculations. While you can change the descriptions, any time code of "1" will be used by the system in calculating Regular Time, will be used as the default time code, and will be used to calculate the Normal employee rate. Any time code of "2" will be used by the system in calculating Overtime in Work Resources and will also be used to get any special overtime rate assigned in the Employee module.

3. Enter the time code description in the second Time Code field (e.g. Standby, Holiday time).

   Note: Any time code text containing the phrase "External Regular Time" will be used to get any special rate in the Regular External Rate field in the Employees module. Any time code text containing the phrase "External Overtime" will be used to get any special rate in the OT External Rate field in the Employees module. These phrases are not case sensitive.

4. Enter a numeric digit in either the Multiplier Units field OR the Straight Time Units field.
   • Multiplier Units: The value that specified hourly wage is multiplied by this value to determine total earnings. This is useful to determine overtime hours. The resource cost using multipliers is calculated as:

   Employee's Unit Cost * Multiplier * Number of Hours

   • Straight Time Units: This refers to a set, paid amount per hour regardless of hourly wage. This is useful for special circumstances like being on standby. The resource cost is calculated as:

   Straight Time * Number of Hours

5. Specify the Financial Hour Type. 

   Note: This field is used to store the hour type code set up in Eden financial accounting system.

6. Click to save the time code.