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That works fine if the employee works 82 hrs in the pay period, it will automatically treat the 2 hrs over the threshold as overtime. But what about if the employee works only 80 hrs in the pay period, but it included one day that was 14 hrs long? In most states/jurisdictions, overtime is judged on a daily basis (or even sometimes on a duration basis, meaning if it crosses days if it exceeds a certain span of hours it is overtime) and on a weekly basis, but rarely on a pay period basis (in my experience). So GP does not recognize these measures, only the measure of hours per pay period.
So what to do? Yes, there is Overtime Rate Manager. But that only deals with the calculation of the rate used to pay the overtime, not the calculation of how many hours are to be paid. Every time a customer mentions overtime, I cringe, to be honest :) And I do the requisite third party product search. During that search, inevitably an ISV says "that would be a great product, but no, we don't have something that does that".
So it seems that I am left to hoping that the client's timeclock/timekeeping/timecard system will address the overtime calculation (and many do) but what about those that do not use a third party time solution?
Oh, and yes, there is customization of course. But I am still holding out for a simple solution :) Anyone want to comment and save me?