H Bi-Weekly Income Example

FAA6.N Examples : 25 Earned Income (EAIN/EAIC) Examples : H Bi-Weekly Income Example

Bill applies and is interviewed for NA on December 31. He provides his pay stubs. His employer verifies he is paid bi-weekly on Tuesday, receives $6 per hour, and that the 12/25 check was issued early due to Christmas.

Key the following on EAIC:

INC TYPE: WA		FREQ: BW		NUMBER OF PERIODS:
PERIOD	DATE PAID		HOURS	HR. RATE	GROSS AMOUNT
01	12/11			6.00	480.00
02	12/21			6.00	480.00

Press ENTER. AZTECS averages and converts to a monthly amount of $1032.