Re: Sketching of Payroll

[Michael Richardson <..hidden..>]

>>>>> "John" == John Locke <..hidden..> writes:
    John> Was just talking with a friend who is a Boeing engineer, and
    John> he's salaried non-exempt, gets overtime, right here in
    John> Washington State!

The question is: what's the difference for the *accounting system* between:
    salaried == 40 hours/week (+no overtime)
    hourly   == 40 hours/week + overtime

If they were "exempt", then you'd never enter more than 40.
(and you'd probably create a recurring transaction, right...)

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