GIF
Payroll

Manage Income Types

Typically regular earnings, or regular compensations, are salaries and wages paid to employees on a recurring basis. In addition to these earnings, there are other ways an employee can be paid that will contribute toward the employee’s gross earnings. These are generally referred to as additional Income Types.

By default, Humi provides three basic Income Types: Bonus - Work-related, Bonus - Discretionary, and Commission. These Income Types are available to be selected every payroll, no setup required.

Add an Income Type

It is possible to set up additional Income Types for the payroll account. Depending on the specifications, there are two methods to add an additional Income Type.

Option 1) Select an Income Type from a list of ready-made Income Type recipes

  1. Navigate to the Payroll page by clicking Payroll from the menu column
  2. Navigate to the Income Types page by clicking Income Types tab
  3. Click on the + Income Type button on the bottom right to select the new Income Type to be added

By default Humi Payroll provides a list of Income Type recipes, each with its specific configurations based on tax, pension, and insurance implications.

Option 2) Request a custom Income Type

If your employees have Income types that are unique to your company, you can submit a request for the custom Income Type to be approved and added. Usually the turnaround time is within 24 hours of the request.

  1. Navigate to the Payroll page by clicking Payroll from the menu column
  2. Navigate to the Income Types page by clicking Income Types tab
  3. Click on Request Income Type
  4. Fill out the form and click Submit

Once the income type has been setup to payroll, when you run a recurring or off-cycle payroll you can then create line items based on that Income Type.

Edit Income Type

It is possible to edit any of the additional and custom Income Types.

Income Types can also be removed from the account. Note that once an employee has been paid with the Income Type, removing the Income Type will not erase the YTD records for the employee.

Setup recurring amounts

Income Types are by default available to all employees every payroll, and you can enter each line item amount manually each time. In addition, in order to reduce the manual processing time you can also specify a recurring amount per employee per Income Type.

  1. Navigate to the Payroll page by clicking Payroll from the menu column
  2. Navigate to the Income Types page by clicking Income Types tab
  3. Click on the applicable Income Type
  4. Click on the applicable employee
  5. Add an amount and click Save

Override recurring amounts

Even with the recurring amounts setup, it is possible to override the amount in a specific payroll.

  1. Navigate to the Payroll page by clicking Payroll from the menu column
  2. Click on the applicable payroll
  3. Find the applicable employee, click on +Other
  4. Enter a one-time amount for the employee for this period, click Save

Additional Resources

Running Payroll