Joiners and Leavers: Calendar-Day vs Working-Day Proration of a Monthly Salary
This lesson is part of the course
In this lesson
You pay Tidewell's November joiners and leavers for part of the month two ways – by calendar days and by working days with NETWORKDAYS – and compare what each method pays.
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Lessons in this course
- Daily Rates Three Ways: Actual Days, a 30-Day Basis & Annual ÷ 365Free
- Partial First and Last Months: Days Used, Days in the Month & the Prorated Charge Locked
- Joiners and Leavers: Calendar-Day vs Working-Day Proration of a Monthly Salary Locked
- Mid-Cycle Plan Changes: Credit for the Old Plan, Charge for the New One & the Net Amount Locked
- Overlap Days Between Two Periods: Splitting an Invoice Period Across Months Locked
- Spreading Annual Amounts: a Licence Across Months and Fiscal Years Locked
- Rounding That Adds Up: Rounded Parts vs the Total & Where the Difference Goes Locked
- Proration Dashboard: Many Contracts, Monthly Totals, Checks & a Chart Locked