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Benefits-in-kind. 1. How do I give to a person as one-time?

One-time benefit-in-kind1:42

"Benefits-in-kind. 1. How do I give to a person as one-time?"

When your company pays for a benefit that a person uses outside of work, it's considered a "Benefit-in-kind". In some cases, you may want to set it up as only a one-time "Benefit-in-kind", so it's added to the person's paystub only once.

To give a person a one-time "Benefit-in-kind":

  1. First, tap: "Menu", then "Expense claim"
  2. Select the person who's getting the one-time: "Benefit-in-kind"
  3. Scroll down, and select: Benefit-in-kind
  4. You can attach an image, like a receipt, or tap: Skip image
  5. Type in how much the "Benefit-in-kind" is worth, and tap: Next
  6. Then type a short description of the one-time "Benefit-in-kind", and tap: Next
  7. And because it's a payroll admin who's entering it, the expense is automatically approved.
  8. Now, to see how it shows up on the person's paystub, scroll down and tap: See on paystub
  9. And finally, when you hover your mouse over the "Benefit-in-kind" amount, you'll see the details.

Also remember that:

  • A "Benefit-in-kind" increases the person's tax, and doesn't increase the person's in-the-hand pay.
  • However, the person still gains by receiving the non-cash benefit.

To learn more:

  • About how to add a "Benefit-in-kind" that's added to the person's paystub every payday, watch the video on: Repeating benefit-in-kind

And that's it! That's all you need to do to give a person a one-time benefit-in-kind!

Updated: Sun, Jan 21, 2024.

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