Setting Up Pay Plans with Pays Setup

Once you complete adding the pay plan, you need to complete the Pays Setup. 

First, let's see the purpose of Pays setup.

Purpose

The purpose of Pays Setup is to handle specific compensation items that require a different calculation basis for employee payments, diverging from the default Equal Monthly setting defined in the Configuration Task. Access the Define Workforce Planning Budgeting Criteria by navigating to Maintenance > Admin > Configuration Tasks.

This customization ensures accurate payments for various compensation components like bonuses, commissions, or variable pay that depend on specific criteria, such as performance or hours worked.

Now that you have understood the purpose of Pays Setup, let's see the options on the Pays Setup screen.

• Applicable Scenarios: This option allows you to specify scenarios in which the application should process only those employees for a scenario with an Unprocessed process status. You can choose from Locked scenarios, Unlocked scenarios, or All scenarios. Click here to learn more about this option. 
• Copy Forward: This option enables you to duplicate a pay setup cell value from one month to all subsequent months. This option streamlines the process of setting up pay for multiple months. You need to first select the fiscal year and make the required changes. 
• Export to Excel: This option allows you to export the configured calendar days for the selected fiscal year. The data will be exported in an Excel format.
• Print: This option generates a hard copy of the calendar days on the Pay Setup screen for the selected fiscal year.
• Fiscal Year: This option allows you to select the relevant fiscal year for which you wish to set up the pay plan. 

Now, follow the instructions below to understand how you can complete the Pay Setup. Similarly, you can perform the same steps to edit the Pay Setup of an existing Pay plan.

1. Select the pay plan you have created and then click Pay Setup to add payout schedules. The Pays Setup screen appears.
2. Select Fiscal Year.
   
   
3. Review the spread methods for a selected fiscal year for the pay plans.
4. Modify the current spreads in the yellow-shaded cells.
   
   
5. Enter data and click Copy Forward to copy a pay setup cell value for one month to all following months as shown below.
6. Click Applicable Scenarios to select scenarios with unprocessed employees.

Now that you have created a pay plan and completed the Pay Setup, click here to learn how to map the pay plan at the employee or compensation item level.