Types of Off-Cycle Transactions

The four types of off-cycle transactions are:

• Corrections

  Corrections enable you to correct results of any finalized payroll. Examples include reversing an overpayment, processing late notification of a new hire, or correcting pay (for example, following late notification of a termination).

• Additional payments

  Additional payments enables you to enter one-time payments that fall outside the normal payroll process. Examples include one time bonuses or expense reimbursement.

• Advances

  Advances enables you to pay payees before their normally scheduled pay run. Examples include advance holiday pay or salary due on termination.

• Manual payments

  Manual payments enable you to enter payments that you have calculated and paid outside of the payroll system. Manual payments are unlikely to be required in the UK An example when a manual payment may be used is to record a payment to a terminated employee that is in cash.