Is the monthly billing proportionate to the start and end dates of the employees appointment?
Since the NGN charge is based on actual measured time worked, it is inherently prorated by actual service, across title/index categories. If a monthly-based person is terminated on the fourth working day out of a typical month containing 22 working days, she would only be charged $60 x ( 4 / 22 ), or $10.91. You should also note, however, that the FTE is calculated based on the hours worked divided by the “total hours in accounting month.” In the case of a monthly-based person, this is 160, 168, 176, or 184 hours, depending on the month. In the case of a biweekly-based person, this is either 160 (for 10 months of the year) or 240 (for the 2 months of the year which necessarily contain 3 biweekly periods). This is the same definition used for leave accrual determinations.
Related Questions
- Medical Billing service owns practice management software, doctor has an appointment scheduler integrated with the Medical billing service software?
- Is the monthly billing proportionate to the start and end dates of the employees appointment?
- Does Tankhwa handle appointment of an employee in the middle of a month?