Changing reminder - Payroll frequency

DR806

Windows Classic - Is it better to edit a paycheck reminder to permanently change payroll frequency, or end the old frequency and set-up a new one?

Paycheck reminders were setup years ago using the 'paycheck setup wizard'. Now the company is switching from semi-monthly to bi-weekly payroll.

I've had trouble with payroll reminders in the past. Something happened a few years ago and I had to re-enter all the payrolls from the first of the year to get the payrolls and the frequency straight, but I do not remember the specifics, I just know it caused a big issue. I do change the deductions and info like that all the time, but never touch the date, and obviously have never changed the frequency. So should I change the reminder (edit this instance and all future instances) or set-up a new one using paycheck setup wizard?

NotACPA

With the change in frequency, I'd expect that ALL of the amounts would change also.

For example, your gross pay per period will now be 1/26th of the annual amount instead of 1/24th.

SO, I'd create a new paycheck transaction.

mshiggins

Just to be cautious, I would create a backup before working on the paycheck reminder.