Adding 13th Month Pay into an Employee's Final Pay

One of the pay items being released together with an employee's Final Pay is the 13th Month Pay.

To Add the 13th Month Pay of a terminated employee:

1. Once you are on the page of completing an employee's termination, scroll down below and find the Bonuses section. Then, click on Add Bonuses.

2. Choose the 13th Month Pay Bonus Type. This is a system-defined bonus type.

3. Complete all of the necessary fields.

Guide on completing the details.

a. Recipient - This is automatically tagged to the employee who you are processing the final pay for.

b. Amount basis - There are 4 different options you can choose from.

      1. Current Salary

      2. Average Salary

      3. Gross Salary

      4. Basic Salary

c. Percentage of Monthly Salary - This should be set to 100%.

d. Release Date - Any date within the month when you will release the Final Pay.

e. Disburse through Special Pay Run? - This should be switched ON since Final Pay is also considered as a Special Pay Run.

f. Coverage from - This should be the first day of the year - January 01.

g. Coverage to - This is the employee's Last Day.

h. Status - Choose Not Yet Released.

4. Upon completing the details, click on the Submit button.

5. It will already be part of the Bonuses list. Before you calculate the projected final pay, make sure to switch the toggle ON under the Include column.

6. After completing all the pay items, scroll down below and click on Calculate Final Pay.

7. The system will now proceed to calculate the PROJECTED Final Pay.

8. After completing the process, you may proceed to regenerating the attendance and processing the Final Pay Run.

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