CALCULATION GOVERNANCE
Formula change log
A public record of reviewed calculation methods, scope and source basis.
| Calculator | Version | Status | Reviewed | Scope |
|---|---|---|---|---|
| time card calculator | TC-1.1 | reviewed | 2026-08-01 | Workweek, punch rounding, breaks, weekly overtime and optional daily double time |
| overtime calculator | OT-1.1 | reviewed | 2026-08-01 | User-selected weekly threshold and multiplier |
| gross pay calculator | GP-1.1 | reviewed | 2026-08-01 | Gross earnings before taxes and deductions |
| pto accrual calculator | PTO-1.1 | policy-dependent | 2026-08-01 | User-entered workplace accrual policy |
| labor cost calculator | LC-1.1 | reviewed | 2026-08-01 | Direct wage cost only |
Formula versions describe MyClockLedger implementation changes. They do not replace current payroll, legal or workplace policy verification.