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