There is, by default, one Pay Schedule per period that we support - so one for monthly. one for weekly, and so on.
You can add additional Pay Schedules if you want to.
Click the employer name in the main menu,
go to Settings and then Pay Schedules.
Click the button provided to create a new schedule.
You're first asked for the name and frequency. Once it's saved you can then set dates.
Multiple schedules give you the ability to, for example, pay employees monthly on the last day of the month and to also pay directors monthly but on the 7th of the month.
When you add a new employee, they are automatically assigned to the schedule that's set in the employer default pay options.
You can change this on a per-employee basis by editing their pay options.