How to enable USD Employee Salary Package

USD Employee Salary Package is that the Salary related amounts for particular employees in Employee Master are assumed US Dollar and the actual payroll are multiple by an exchange rate of the corresponding month in an USD exchange rate table.

1. Turned on the checkbox Enable USD Employee Salary Package in Company Setup, General tab

2. Define the USD Salary Package for the Employee.

Turn on the Is USD Salary Package check-box and the salary related amount will be treated as USD.

If somehow the regular payment is in HKD and do not require exchange rate conversion, you can use the HKD: keyword of User Defined Formula.

2. Before generating payroll, define the USD Exchange Rate of the payroll period in Company Setup, USD Exchange Rate table tab. (This tab is visible only if Enable USD Employee Salary Package check-box is turned on).

3. Payroll after Generate Payroll Batch

The payroll amount in Payroll Batch is in HKD and is the USD related salary amount defined in Employee Master multiple by exchange rate for the corresponding payroll period.