What is Off-Cycle Pay?
- Off-cycle pay occurs when payments are processed outside the regular payroll cycle.
These feature contains the following functions/terminologies:
- Employees - affected employee(s) for Off-Cycle Pay
- Type - the off-cycle pay type ( please refer to Off-Cycle Pay Types)
- Transaction Types:
- Taxable Income - Pay will be on your Gross Pay
- Non-Taxable Income - Pay will be on your Net Pay
- Taxable Deduction - Deduction will be on your Gross Pay
- Non-Taxable Deduction - Deduction will be on your Net Pay.
- Month - Month of Off-cycle pay to be reflected
- Year - Year of Cutoff Off-cycle Pay
- Cutoff Number - Number of Cutoff
- Amount - Amount of the Off-Cycle Pay
- Remarks - put remarks regarding the Off-cycle Pay cutoff