About Virtual timeclock basic
IntroductionVirtual TimeClock allows you to easily track all of your employee overtime hours and premium pay. Tracking overtime can get very complex when workweeks cross payroll periods and payroll years. Virtual TimeClock's powerful overtime features ensure your employees overtime is automatically calculated correctly every time.Overtime ComplianceEmployee overtime is commonly earned because of State and Federal labor laws, business policies, union contracts, or a particular employment agreement. We maintain a page with recent state overtime and premium pay laws. You should always consult a payroll tax professional to ensure that your Virtual TimeClock overtime setup meets all of your employee overtime obligations.Virtual TimeClock Overtime FeaturesThe process to setup and use Virtual TimeClock's overtime features can be understood in three general steps: setting the workweek, creating overtime rules, and assigning overtime rules to employees.1. Setting the WorkweekThe workweek settings tells your time clock software what day of the week to start calculating weekly overtime. Learn how to configure the workweek.2. Create Overtime Rule(s)Virtual TimeClock Basic Edition supports one overtime rule with premium pay rates for multiple daily and weekly thresholds. Virtual TimeClock Pro and Network editions allow you to create an unlimited number of overtime rules. We've created three common overtime rules (Daily, Weekly, Daily & Weekly) that you can use or modify as needed. Learn how to create or modify overtime rules.3. Assign Rules to UsersOnce you've created your overtime rules, any rule may be assigned to any user. Each employee may have only one overtime rule assigned to them. Learn how to assign overtime rules to users.Calculating & Reporting OvertimeAs employees clock in and out, all time worked is recorded by the software. When a timecard is created for the current payroll period, the program calculates regular and overtime hours based on the overtime rule for each employee. Regular and
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FRESNO, CA - October 26, 2007 - Redcort Software today announced Virtual TimeClock Pro compatibility status for Mac OS X 10.5 Leopard. Virtual TimeClock Pro is the industry leading time clock software for small to medium sized businesses."We have a new Virtual TimeClock Pro 5.6 release in beta that was developed from day one for Leopard compatibility," said Keith DeLong, President of Redcort Software. Redcort is performing full compatibility testing of Virtual TimeClock Pro 5.6 with today’s retail release of Leopard. The Leopard-ready version 5.6 update of Virtual TimeClock Pro will be available for customers as soon as possible.Redcort has performed compatibility tests on older versions of Virtual TimeClock and the company does not recommend using them with Leopard. A spokesman indicated that the company plans a public beta release of Virtual TimeClock Pro 5.6 for early Leopard adopters.PricingVirtual TimeClock Pro 5.6 will be a free upgrade for all users enrolled in Redcort Software's Maintenance & Support program. Upgrade pricing is available from Redcort Software for all other users.AcknowledgmentsApple, Macintosh, Leopard, and OS X are trademarks of Apple, Inc. Virtual TimeClock and Virtual TimeClock Pro are trademarks of Redcort Software.About Virtual TimeClockVirtual TimeClock Pro is the powerful, easy to use, software based time and attendance program that enables businesses of any size to effortlessly track employee hours and overtime. With Windows and Macintosh versions available, Virtual TimeClock Pro flexibly adapts to just about any computer and business environment. Virtual TimeClock Pro pricing starts at $195. Complete pricing and program information can be obtained at www.redcort.com.About Redcort SoftwareRedcort Software has been helping unburden businesses from repetitive tasks and unavailable information since 1997. Redcort Software actively pursues close customer relationships through direct sales, regular feedback and world-class technical support. Tens of thousands of workers at businesses in over a dozen countries rely on Redcort Software every single day.
