A pay period is the tax period in the payroll, e.g. 1 – 12 for monthly payroll or 1 – 52 for weekly payroll.
You will not need to create pay periods as these will automatically create upon the first file import in to NOW: Pensions Gateway.
Pay periods can be edited by clicking on “Edit schedule”.
IMPORTANT. It is extremely important to double check that the Pay Period Start Date has the correct values which match your file that you are importing.