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.
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To begin, navigate to Pay Schedules from the sidebar menu. Select Custom from the dropdown that appears.
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Next, click on Create Schedule.
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Choose Contractor, for contractors-only schedules and Choose Employees, for custom schedules involving employees.
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Provide the following information:
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Indicate whether the transfer is a single transfer or multiple transfer.
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Enter the payment description, e.g., April Bonus.
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Pick the employee(s)/ contractor(s) you want to send money to.
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Enter the amount.
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Tick the checkbox to confirm the details you've provided.
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Click Proceed to save.
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