Year to date payroll is divided by pay periods then multiplied by total pay periods in a year. The annualized year to date amount is compared to the annual salary or annualized hourly rate to find outliers. Employees who have access to payroll and commit fraud will have amounts in excess of expected annualized amounts.
How to use it ?
Once Payroll data is uploaded, Specify “Total Pay Periods” and “Current Pay Period” to get the results.