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 semi-monthly paying structure occurs when employees receive paychecks twice each month, often on the 15th and 30th days of each month. Calculate hourly wages from a semi-monthly pay period to break down earnings for your employees.Step 1. Multiply an employee's semi-monthly salary by two to find the employee's monthly salary. Then multiply the employee's monthly salary by 12 to find the annual salary. Calculate overtime earnings, if applicable. 2  Multiply the employee's hourly wage by the overtime pay rate by the overtime hours worked. 3  For example, if the employee earning $23.07 per hour worked eight hours of overtime at time-and-a-half, multiply $23.07 x 1.5 = $34.61 x 8 = $276.84.