Allowances in payroll can be created for many uses, such as a tool allowance or a bonus payment.
-
In the Options tab, click Allowance.
-
Click New.
-
Give the allowance a Name and Description.
-
Choose an Allowance Type, and if applicable a Category.
-
Enter an Allowance Amount or Percentage.
-
If applicable, enter a Pay Period Min or Max Amount.
-
Choose a corresponding Expense Account.
-
Choose your Options for auto applying every pay run, if the allowance is taxable etc.
-
Click Save.
If the allowance amount will change each time it is used, enter an amount of $1, and use the multiplier in the payrun
Related Articles
How to create and apply an employee bonus
How to set up a payroll deduction
How to apply allowances and deductions in a payrun
How to pay commissions that haven't been entered against a sale in S&A