XPayroll supports adding incentives, bonus and other components as part of the monthly payroll activity.
Additions:
Run Payroll > Edit > Add header and amounts under Additions.
Click on Gross Pay after you add a bonus to view the new payslip instantly.
โ Do note that any bonus added in a month will be completely taxed as per the individual's tax slab.
Example: Follow Demo Employee #2
Deductions:
Run Payroll > Edit > Deductions > Add amount for Recovery / Loss of Pay Days
XPayroll does not automatically deduct loss of pay based on attendance. By default, the payroll is considered present for all calendar days of the month. Only by adding Loss of Pay days (or the LOP amount) under Run Payroll can you deduct salary.
Example: Follow Demo Employee #2
Standard recovery of an amount - enter the amount directly
Loss of pay - enter # of days to prorate the value automatically