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Additional earnings provide a flexible way of defining a user definable pay type or gratuity.
Additional Earnings May be Defined as
•a fixed amount
•a fixed amount set per employee
•an amount to be determined at each pay cycle
•or a rate multiplier base on an employee's hourly rate
Once defined, additional earnings may be assigned to the employee record or assigned during payroll processing (depending on the type of additional earning). This allows for both re-occurring pay at each payroll cycle or the occasional assignment of additional pay as the need arises.
To Create an Additional Earning
1.Select Setup, Company, then Additional Earnings
2.Enter a code to identify this earning type
3.Enter a description
4.Enter a GL Account ID if you are exporting to an accounting program ( eg QuickBooks)
5.Indicate if this should be included in the NI deduction (ie considered basic wages)
6.If you have opted to allow gratuities in the Company Configuration, check the Gratuity box if this is a gratuity
7.Select the calculation type based on the list above
8.If applicable, enter the amount or the rate multiplier based on your selection above
9.Click Save to write the record
See Also
•Company Configuration
•Email Settings
•National Insurance Rates
•Define Deductions
•Create Job Codes
•Create Departments
•Create Employees
•Cheque Printing
•Time Card Import
•Time Card Earning Codes
•Direct Deposits
•G/L Export
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