Lesson 6 - Add a Wage Code

1. Click on Company Details & Options

2. Click on Add > Wage Code

The Wizard starts.

3. Click on Next

4. Enter a Code name and a Description for the new payroll code
5. Click on Next

6. Indicate what type of payroll code it concerns

• Normal payroll component, for example: Night Shift Allowance, Working Hours
• Payment in kind, for example: Company car, Free meals
• Special remuneration, for example: Bonus, Holiday pay, Severance pay
• Tax-free expense allowance, for example: Petrol allowance, Telephone allowance
• Overtime (not SVB wages)
• Method of payment, for example: BDC, RBC, Cash
• Booking outside the Payroll Statement, for example: Deduction, Loan, Advance

7. click on Next

8. Indicate how the program should calculate the amount

• Percentage of the salary, for example: a bonus equal to 50% of the fixed salary
• Percentage of the hourly wage, for example: Overtime: 150%
• Fixed amount, for example: Telephone allowance 25 guilders
• Amount to be determined later. Enter the amount manually when using payroll code

9. Click on Next

10. Indicate whether the amount is a surcharge on the wage (Credit), or a deduction from the wage (Debit)
11. Click on Next

12. Click on Finish

The Wizard closes and the new wage code is created. The new wage code is now ready for use when entering changes. You can make adjustments if necessary.