In specific scenarios like issuing bonuses, reimbursing expenses, paying contractors, or managing one-time payments outside the regular payroll cycle, custom schedules become essential. This article will walk you through the process, ensuring efficient handling of these situations on PaidHR.
To begin, navigate to Pay Schedules from the sidebar menu. Select Custom from the dropdown that appears.
Next, click on Create Schedule.
Choose Contractor, for contractors-only schedules and Choose Employees, for custom schedules involving employees.
Provide the following information:
Indicate whether the transfer is a single transfer or multiple transfer.
Enter the payment description, e.g., April Bonus.
Pick the employee(s)/ contractor(s) you want to send money to.
Enter the amount.
Tick the checkbox to confirm the details you've provided.
Click Proceed to save.
