Set up a new payment

1. Go to Company/Payroll, then select Payments.
2. Select New, then complete the details below:
   

   Field	What to enter
   Title	Enter the name of the payment, for example, Bonus or Overtime.
   Type	Choose a payment type from the dropdown list: Fixed amount each pay period: For payments that stay the same for each period Variable amount each pay period: For payments that change each period A number of hours (based on hourly rate): For hourly payments A unit amount (based on an hourly rate): For unit-based payments Benefit In Kind: For Benefit in Kind (BIK): payments. See set up a benefit in kind (BIK) payment Expenses: For expenses or benefits under enhanced reporting requirements (ERR) Statutory Sick Pay: For statutory sick pay (SSP). See process statutory sick pay (SSP) Illness Benefit, Maternity Benefit, Paternity Benefit, Redundancy, or Shares
   BIK Type / Illness Benefit Type	Appears only for relevant payment types. Choose the correct type from the list.
   Tax / USC / PRSI / Pension / ASC	Select the relevant boxes if the payment is subject to these deductions or contributions.
   PRSI options	Choose one: Apply Employee & Employer PRSI Apply Employer PRSI Only Apply Employee PRSI Only Do not apply PRSI
   Rate	For hourly or unit payments, select the hourly rate to use.
   Factor	If you want to multiply a rate, for example, double time = factor 2, enter the factor value.
   Multiply by the number of holiday periods	Select this box if the payment varies based on the number of holiday periods. This applies to weekly and fortnightly payrolls.
   Employee's average hourly rate	Select to include the payment in average hourly rate calculations.
   Holiday Accrual calculation	Select to include the payment in holiday tracking and accruals, hourly payments only.
   EHECS / NES Type	Use the Central Statistics Office (CSO) hours multiplier for hourly payments when CSO reporting is on.
   Hours multiplier	Choose the CSO classification once you’ve turned on CSO reporting.
   Formula	Enter a formula to define how the payment calculates, if needed. Exclude employees by removing the payment from their profile.

3. Select Save.
4. Repeat for each payment you want to create, then select Close.

Assign the new payment to your employees. Find out how to assign a payment to an employee.

1. Go to Company/Payroll, then select Payments.
2. Select the payment, then Copy.
3. Update the details in the Payment Settings window.
4. Select Save, then Close.