The most common usage of affect is as a verb, meaning to impact. Effect is usually a noun, meaning the result or consequence of something. However, both affect and effect have alternate meanings when used as different parts of speech.
1 Select Employee Center. 2  Double-click on the employee's name. 3  Select the Payroll Info tab. 4  Under the Earnings box in the item name columns, click in a blank area. 5  From the drop-down arrow, select your Salary Item and then enter the employees annual salary.elect Custom Setup and click Next. Select Wage, and click Next. Select Annual Salary, and click Next. Select the type of pay. Vacation Pay and Sick Pay are each specific options. All other types of pay should be entered as Regular Pay. Click Next. Enter a name for the salary item that easily identifies it.
A common way to calculate hours for a salaried employee is to take the annual salary and divide it by 2080 (total hours worked in a standard year) to determine the employees hourly rate. You can then multiply the hourly rate by the number of hours for which the employee is being paid.Example: John's salary is $30,000. $30,000/2080 = $14.42 hourly rate. John only worked three business days (24 hours) for this pay period. The amount to enter in the Rate column on the paycheck is $14.42 x 24 = $346.08.ou can then multiply the hourly rate by the number of hours for which the employee is being paid. Example: John's salary is $30,000. $30,000/2080 = $14.42 hourly rate.