Entering Interim Payments for Bonus, Back Pay, and Cash Out Payments

Access the Interim Entry form.

Australia Payment Type

Use this field to specify that the interim payment is an Australian back payment, cash out, or bonus payment. If you select an option other than Regular in this field, the associated amount is subject to taxes according to the ATO Publication #NAT-3348. Available options include:

Back Pay

Bonus

Cash Out

Regular

Override Period Normal Wages

Enter an amount in this field to override the system calculation of standard regular wages for the pay period. This amount is used to calculate taxes for Australian bonus, back pay, and cash out payments.

Note:

The value that you enter in this field is not used when the system calculates back pay payments that fall within the current fiscal year. If you enter a value in this field for an interim payment that includes back pay timecards with dates in the current fiscal year, the system displays this warning message:

You entered a back payment that includes dates in the current fiscal year. The system will ignore the Override Period Wages when calculating taxes on the portion of the payment that falls within the current fiscal year. Override Period Wages will be used to calculate the portions of the payment that fall outside of the current fiscal year.