Run a Bonus Payroll

You manually select employees and enter bonus amounts for bonus payroll runs.

To run a bonus payroll:

1. In the Navigation pane, select Payroll > Payroll Payments.
2. On the Payroll Payments form, click + New Payment Run and complete these actions:
   1. On the New Payment Run page of the Payroll Payments form, set the Run Type option to Bonus.
      Vantagepoint automatically sets the Process Type field to Manual.
   2. Enter information in the remaining fields on the form, such as the payroll date, payment date, and payment sorting options.
      For more information, go to Process Regular Payroll Using Date Ranges, Establish Selection Criteria for Automatic Regular Payroll Runs and Where to Specify Payment Sort.
   For existing payroll payment runs, go to Open an Existing Payroll Payment Run.
3. Click Create New Run.
4. In the Employee Pay Details grid of the Employee Payment Selection page of the Payroll Payments form, select the Include in Run check box for employees that you want to include in the payroll payment run.
   For more information, go to Select Employees for Manual Select Processing.
   Vantagepoint automatically saves the changes that you make on the form.
5. Hover over the employee name for which you want to view employee information and at the end of the row, do one of the following:
   • Click and select Edit Details.
   • Click .
   For more information, go to View Detail for an Employee.
6. On the Employee Review dialog box, enter the bonus amount in one of the following fields:

   Option	Description
   Gross Pay	If you enter the bonus amount in this field, Vantagepoint posts the amount to the account specified in the Bonus Cost field on the General tab of the Payroll Setup form in Settings > Payroll > General, in the desktop application. When you do this, Vantagepoint categorizes the pay as bonus pay for the employee. If the Calculate gross from net amount option is selected, you must clear it before you can enter an amount in the Gross Pay field.
   Net Pay	When you select Net to Gross and then enter an amount in the Net Pay field, Vantagepoint determines the gross pay, taking into account withholdings and taxes, and enters the correct amount in the Gross Pay field. After this calculation is complete and after you run the bonus run, Vantagepoint posts the amount to the account specified at the Bonus Cost field on the General tab of the Payroll Setup form in Settings > Payroll > General in the desktop application and categorizes the pay as bonus pay for the employee.
   Other Pay	If you enter the bonus amount in one of the Other Pay fields, Vantagepoint posts the amount to the account specified at the corresponding Account field on the Other Pay Setup tab of the Payroll Setup form in Settings > Payroll > General in the desktop application. When you do this, Vantagepoint categorizes the pay as Other Pay for the employee.

   You can specify a portion of the bonus as Gross Pay and the rest of the bonus as Other Pay.

   For more information, go to Specify Other Pay Amounts for the Current Pay Period.

7. Review and modify the employee’s withholding information.
   Only withholdings set up to be applied during bonus payrolls have associated amounts. This information is specified on the Payroll Withholding Codes Setup form.
8. Click OK to close the dialog box.
9. Repeat steps 6 through 8 for all employees for whom you want to specify bonus information.
10. On the Actions bar, click Print Drafts.
    For more information, go to Review the Draft Payroll Journal.
11. On the Draft Payroll Journal that opens in a new browser window, you can review, download, print, or e-mail the details of the payroll payment run.
12. On the Actions bar, click Process Payments.
    For more information, go to Processing Payments in the Payroll Payment Run.
13. Click Yes in the series of validation steps that Vantagepoint displays.
14. On the Payment Printing and Numbering page of the Payroll Payments form, make sure to print payroll checks.
    For more information, go to Print Payroll Checks.
15. Assign payment numbers to transactions included in the payroll payment run.
    For more information, go to Assign a Check Number to a Single Check or Assign Check Numbers to a Group of Sequential Checks.
16. On the Actions bar, click Post Payments.

Next Step: If there are employees included in the bonus payment run who receive payment via direct deposit as indicated in the EFT column of the Bank Payments grid in the Payment Printing and Numbering page of the Payroll Payments form, Vantagepoint displays the Electronic Funds Transfer page of the Payroll Payments form for further processing.

For more information, go to Process Payroll Direct Deposit.