How do I process an employee's last payment?

Updated on Feb 14, 2019

To indicate to the payroll that an employee is receiving his/her last payment from the company i.e. has retired or has been separated.

POWERpay>>Process Payroll>>Cycle Changes

A Last Cycle entry indicates to the payroll that no future earnings are expected for the employee and therefore taxes will be calculated accordingly.

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Cycle Changes

Introduction to Cycle Changes 4

Overview of the Cycle Changes
Entering a New Cycle Change - What to enter in the Entry Id and Item ID fields?
Entering a New Cycle Change - What to enter in the Entry Id and Item ID fields?
Entering a New Cycle Change - What to enter for the Amount, Cost Code Lookup/Other, Alternate Rate and Batch No. fields?

Cycle Changes Records: Pay Profile 20

How do I set an employee to “Active” on the Payroll?
How do I set an employee to “Inactive” on the Payroll?
How do I change the method of payment?
How do I change an employee's Bank?
How do I change an employee's Bank Account Number?
How do I enter/change an employee's BIR number?
How do I enter/change an employee's NIS number?
How do I enter an employee's Personal/Taxable Allowances?
How do I process an employee's last payment?
How do I change the hourly rate of a salary?
How do I change a Unit Rate for employees whose working hours are longer?
How do I use the Tax Allowance Breakdown?
How do I enter salary increases?
How do I set tax to a fixed amount?
How do I set NIS to a fixed amount?
How do I set NIS for retired employees?
How do I change the number of Mondays for NIS contributions?
How do I set HS to a fixed amount?
How do I calculate NIS/HS in OOC runs?
How do I enter Brought Forward amounts?

Cycle Changes Records: Allowances 5

How do I enter an allowance?
How do I stop an allowance?
How do I activate/deactivate an allowance?
How do I limit the number of cycles for an allowance?
How do I enter/change an allowance for bi-monthly payrolls?

Cycle Changes Records: Vacation Leave 2

How do I pay Vacation Leave as an Advance Payment?
How do I adjust NIS and HS for Vacation Leave?

Cycle Changes Records: Deductions 17

How do I enter a new deduction?
How do I set the amount on a 'regular' deduction?
How do I change the amount on a 'regular' deduction?
How do I stop the processing of a 'regular' deduction?
How do I name a payee to which a deduction should be sent?
How do I enter an account number to which a deduction should be applied?
How do I set a goal for a 'regular' deduction?
How do I apply this goal to a payee?
How do I stop a Goal if the employee's balance is being moved to another deduction?
How do I process the remainder on a Goal if the amount was paid off 'over the counter'(not on the payroll)?
How do I limit the number of pay cycles for a deduction?
How do I enter a Brought Forward amount for any deduction?
How do I override the calculated amount for a statutory deduction?
How do I process NIS for employees who are 60 and over (T&T)?
How do I prioritise deductions?
How do I activate/deactivate a deduction
How do I enter deductions for a bi-monthly payroll?

Cycle Changes Records: Timesheets 3

How do I process Regular Pay in hours?
How do I enter Overtime pay?
How do I process Leave pay that is part of regular pay?

Cycle Changes Records: Other Income 6

How do I process an employee's other income?
How do I stop processing other income?
How do I activate/deactivate other income?
How do I limit the number of cycles for processing other income?
How do I enter/change other income for bi-monthly payrolls?
How do I enter other income for a bi-monthly payroll?

Out of Cycle Changes 5

Out of Cycle Overview
How do I calculate NIS/HS in an OOC?
How do I stop the calculation of NIS/HS in an OOC?
How do I include NIS Earnings but NOT deduct NIS/HS in an OOC?
How to close an Out of Cycle payroll?

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How do I process an employee's last payment?

POWERpay>>Process Payroll>>Cycle Changes

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Cycle Changes

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