Setting up special bonus
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Transcript of Setting up special bonus
Create New Earning
Select G/L Distribution Tab
Enter heads for G/L Integration
Press “Save” to update (Or “Add” to save new).
Define Code & Description for Distribution
Assigning New Earning to Employee
Select Pay Tab
Enter newly Defined EarningUsing “Insert” key on Keyboard Enter Bonus Amount
“In Your case”
1 2
Assigning New Earning to Employee
Confirm The Following:1. Calculate must be “Yes” & Starts must
have back date.
2. Annual Maximum & Lifetime Maximum must have sufficient values
Press Save
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Process Payroll Calculation
Enter Required Dates
Check “Semimonthly”, and you’ll have “SMon” & “Qtrly” checked by default.Uncheck SMon, and leave Qtrly be checked.
Process Payroll Calculation
Press Selection tab, If You need to process for selective Employees
Select Same Employee in From and To Selection to Process single Employee.ORSelect Different Selection on From-TO for Multi Processing.
Press Process
Process Payroll Calculation
Press Erase to delete previous activity and to proceed for Fresh calculationORPress Merge to proceed without removing previous unposted activity
Press Yes to see exception reportORPress No to leave.
Print Generated Checks after CalculationEnter Same End Date for which you have calculated the payroll & Press TAB key on your keyboard
Select Your Required bank
Press Print/Post
Print Checks
Check Numbers are Auto.You can enter manually if you are sure about last unused check number.
Press Print
By using “Quarterly” frequency, we have isolated an earning called BONQTR
1. The frequency is the key.2. we have to select a frequency that is different from others.3. So we selected Quarterly as it is not used by other Earning/Deductions.(Please never select Quarterly for any other Earning/Deductions further in future)4. The “Quarterly” frequency should only be paying The Special bonuses.
Thank You…
Ending Note