This article is to teach payroll admins on how to administrate advanced salary on Payboy's system. Advance Salary has to be created as a pay item first before it can be used to be included in the payroll.
First, create a new Pay Item
- On the left-side menu, head to Payroll > Pay Items
- Look in the top right corner of the page and click + New Pay Item
- For Description, type "Advance Salary"
- Under Category, select "Salary" from the dropdown list
- Under CPF type, select "Ordinary wages" from the dropdown list
- Under IR8A code, select "Gross salary" from the dropdown list
- You can choose to pay a default amount per payment period, or prorate salary according to the amount of hours or days worked
- Click Submit to create the pay item
Adding the pay item in the Payroll
- On the left-side menu, head to Payroll > Generate Payroll
- Select the Payment Period and employees
- Scroll and and click Begin Payroll Generation
- Scroll down and look below the Pay Item header for the +Add More Pay Items button
- Click the drop-down button and select Advance Salary
- You will still be able to edit the pay item at this stage if you wish
- From here, follow the same processes as you would go through in normal payroll generation
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