How does the Time and Expenses module handle overtime calculations?

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The Time and Expenses module automatically calculates overtime based on predefined rates and the number of hours worked by employees. This feature streamlines the payroll process by ensuring that overtime wages are accurately calculated without requiring additional manual intervention. Utilizing predefined rates allows for consistency in how overtime is tracked and compensated across the organization. By automating this aspect of payroll, the module facilitates efficient and accurate accounting, which can help reduce errors and save administrative time.

In contrast, manually inputting all hours worked complicates the process and increases the potential for mistakes, while disregarding overtime entirely would not comply with labor regulations or company policies. Limiting overtime calculations to specific departments is also impractical in many scenarios, as it may lead to unequal treatment of employees. Thus, the automated calculation based on predefined parameters provides an effective, scalable solution for managing overtime within the Time and Expenses module.

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