Hello!
By default GP is setup to enter payroll transactions as "unit. fraction of unit" so I don't think there is a way to do this out of the box with GP however I will do some digging to see if theres any way at all this can be done.
I tested with a pay type of other however as you pointed out 8/60 creates a value of .1333 repeating so even by using a paytype of other (with the pay code denoting minutes worked) it doesn't work out the same as using hours and fractions of hours.
Joshua
The way is through 'Customization'.
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