Payouts
Generate, check, override, approve and mark bonus payouts as paid in QUANTICAL.ERP, and create bonus notifications as PDF for the employees.
At the end of the period you turn the simulation into fixed amounts. The Payouts section at the bottom of the Bonus tab takes them from proposal to payment.
Generate payouts
Generate Payouts asks for the period as Year, Quarter or Month, matching the cycle of the profiles, and for the scope: all active assignments, only certain profiles or only certain employees. If company details, employee addresses or the logo are missing, the dialog warns beforehand, because they appear on the bonus notification. Generate calculates one payout per assignment in status Created and reports how many are new and how many were recalculated.
Check and override
The eye opens the Calculation Details with formula, hours, revenue, applied level and audit trail. The pencil opens Override Payout: you set a different amount or a different payout date and give a reason. The reason stays with the payout. The amount can only be changed before approval.
Approve
Via the status field in the row or Approve all for the whole view you set payouts to Approved, or to Canceled if no bonus is paid. Approved payouts count as fixed costs in controlling. A slip you take back via the same field.
Mark as paid
After the transfer you set the status to Paid, individually or with Mark all as Paid in the Approved view. Paid and canceled payouts then sit in History.
Bonus notification as PDF
The download icon in the row creates the Bonus Notification for the employee: a letter with salutation, period, amount and payout date in your company's branding. Generate PDFs packs all visible payouts as a ZIP, the arrow icon next to it exports the list to Excel. You change the texts of the letter under Administration > Documents & Invoices in the Bonus Notification tab, the logo under Branding & Design.
Reset Payouts deletes all payouts of the organisation, approved and paid ones included. This cannot be undone.
Assign profiles
Assign a bonus profile with validity to employees in QUANTICAL.ERP and see formula, level, gross and net per employee live in the Employee Bonus Overview.
My organisation
Maintain the companies of the organisation in QUANTICAL.ERP - create companies with code, address, contact, bank details and legal data, set the default invoice sender and the internal recipient.