Set Up Paygrade/ Payband Allowance
This guide covers the step-by-step process of creating, editing, and managing allowances.
PaidHR comes with default allowances, but you also have the option to add yours. To add a new allowance:
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Navigate to the Menu on the left side of the screen and scroll down to find Compensation.
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Click on the downward arrow next to Payroll to reveal additional options.
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From the list of options, select Configuration.
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At the top of your screen, click on Allowances.
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Click on Create new allowance.
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Choose a name for your allowance.
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Select the Pay type: Routine allowances are paid during regular payroll cycles and Special allowances are paid during off-cycle payroll cycles. Choose Special only if you intend to configure this allowance to be paid outside the default pay schedules.
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Select Yes if the allowance is taxable, NO if it is non-taxable
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Click Save to finish.
Edit Allowance
Need to tweak an existing allowance? Here's how:
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Navigate to Payroll - Configurations - Allowance
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Find the allowance you want to change and click on the three-dotted lines next to it
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Choose Edit from the dropdown menu.
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Make the changes to the allowance and click on Save to finish
Any changes you make to an allowance will apply to all employees in the Paygrades/ Paybands where that allowance is used.
