Customize your payroll cycle dates as per your organization's financial cycle
With custom payroll cycles, you can now define the monthly date range you want your payroll cycles to be run on.
So, instead of using the default date range that starts on the 1st, and ends on the last day of the calendar month, you can now choose the payroll cycle start date and end date of your choice on Bayzat. For eg. 27th of the month till 26th of the next month, or any other date range which aligns with your organization's financial cycles.
To update the date range of your payroll cycle, please reach out to your dedicated Customer Success Manager, and they will be able to configure these new payroll cycle dates for your Bayzat account from the back-end.
The below video will take you through some of the points to consider while transitioning from static dates (i.e. 1st to last date of the month) to a customized payroll cycle on Bayzat.