Navigate to the Employee Record > Payroll Tab > Pay Component Sub Tab
- Click on the "Create Allowance" button
- Select the type of allowance you are wanting to create
Based on the Pay Component Sub Type that you choose, certain fields (such as Description, P&L, Balance Sheet) will default based on you PCST choice and certain fields (such as Class, Location, Department and Frequency) will default from the Employee Record. Fill the remaining fields as below:
Field Allowance e.g. UOM Depends on the Pay Frequency of Employee/type of payment you are making e.g. Month, Week, Hour Frequency Depends on the Pay Frequency of Employee e.g. Monthly, Weekly
The quantity of the Allowance to be paid per frequency e.g. 1 Rate The amount of the allowance Amount Quantity x amount Start Date The start date of the allowance pay component Current
Earnings for Pension Depending on the allowance type - tick this is the earnings are pensionable
- Click "Save"