One-time setup: You must define each of your bonus rules to determine for each department how much to pay each role and what acceptable profit/labor rates are
Calculating Bonuses: Either monthly or in each pay period, a person who is responsible for calculating, adjusting, and approving bonuses will open the Bonus Manager and go to the Bonus Calculator and run the report to determine what the bonuses should be for any newly eligible jobs. After reviewing the bonuses and making adjustments if needed, that person will post the bonuses.
Reviewing Approved Bonuses: The Review Approved Bonuses tab lets you see bonuses that have been approved. Employees who don't meet the security level to see bonuses for others will only see their own bonuses on this tab. The person responsible for payroll can review this report and group bonuses by employee to see what each person is due.
Getting to the Bonus Manager
To get to the Bonus Manager, go to the Reports tab and click Bonus Manager or locate the button on the main Financial tab. For ease of use the Bonus Manager will stay in the Windows Taskbar under the Chronicle icon to make it easier to return to.
You can also add a customized Bonus report to your reports list by clicking Save Report Conditions in the header of the Bonus Manager. (This is the same as for any other saved report in Chronicle.) This lets you get to the Bonus Manager from your reports list on the Reports tab.
These security settings govern who can see/use various aspects of the Bonus Manager. To adjust the security contexts go to the Security tab in Chronicle's main setup.
|This context controls whether the user can...||Default Security Level|
|CommissionReportMarkPaid||mark an approved bonus as paid (generally only the person who responsible for payroll should do this)||6|
|CommissionReportRunPost||calculate bonuses, adjust bonus amounts, and approve the bonuses||6|
|CommissionReportSetup||change the rules and other setup for the bonus program (generally only an owner should be able to change the bonus program rules)||7|
|CommissionReportViewForOthers||see the bonuses for others (generally only managers and people responsible for payroll should be able to review bonuses for others)||6|
|CommissionReportViewForSelf||view his/her own bonuses||2|
|CommissionReportUndoPost||allows user to undo the posting of a bonus||7|
Other Help articles:
Benefits of a Good Incentive Program
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