Bonus Payments

 

Bonus payments can either be processed as part of a person's normal payroll, or as a separate one-off payroll.

Bonus payments that you make irregularly, such as Christmas bonuses, are taxed at the lump sum rate.

To make a Bonus payment, add a BON - Bonus transaction to the person's timesheet. Typically use a Quantity of 1.00 and enter the amount of the bonus into the Rate field.