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Repeat payable. How's a Christmas bonus or other yearly repeat set?

Yearly repeat payables & Christmas bonus2:33

"Repeat payable. How's a Christmas bonus or other yearly repeat set?"

Yearly repeat payables, or Christmas bonuses, are a payment that's automatically added to a person's pay once a year.

To set up a yearly repeat payable, or Christmas bonus:

  1. First, select the person who's getting the yearly repeat payable, or Christmas bonus, on: MenuPeople
  2. And then go to: PayPay settings
  3. And scroll down to the "Repeat payables ... personal" heading.
  4. Then tap: New repeat payable
  5. And select: Other ... added to pay
  6. Next, give the new repeat payable a name.
  7. And enter the yearly amount payable.
  8. And set the time frame to: "Per year"
  9. Keep in mind that the time frame setting doesn't set how often it's paid, rather it sets over what time frame the amount's calculated.
  10. And because it's a bonus, check it's set to: "pre-tax"
  11. Once you've set the amount, you're then free to decide how often it's to be added to their pay.
  12. Next, change it from "every payday" to: "Once a year"
  13. And don't forget to set the date for the Christmas bonus to be paid. For example, 10 days before Christmas.
  14. Now that the payment amount and frequency are set, tap See on payslip to see the payslip that it's paid with.
  15. And scroll to the top, to check that the "Payday due" date is before Christmas.
  16. Now, when you close it, you'll see a summary of the yearly repeat payable, or Christmas bonus.
  17. And finally, to see it on the payslip one last time, tap the "See on payslip" button:

Keep in mind that:

  • Because it's a repeat payable, the payment continues to be paid every year from now on, as long as the person's otherwise getting a payslip.
  • You can stop it anytime by deleting it.

To learn more:

And that's it! That's all you need to do to set up a repeat payable, or Christmas bonus, to be paid into a person's salary every year!

Updated: Sat, 24 Feb 2024.

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