Annual Bonus

SimplePay has a built-in system item to accommodate employees that receive an Annual Bonus.

To add the Annual Bonus item:

1. Go to the employee's profile.
2. Click Add next to Payslip Inputs.
3. Click Annual Bonus.

4. Enter an amount.

   Calculating a bonus with a formula

   To use a formula to calculate the bonus, enter it in the amount field instead of a fixed amount. Formulas must start with =.

   For example, enter = basic_salary * 0.5 to pay a bonus of 50% of the employee's basic salary.

5. Click Save.