You can run an off-cycle payroll to pay your team or an employee outside the regular schedule. Running an off-cycle payroll won't disrupt your regular payroll processing.
Things to keep in mind when running off-cycle payrolls
- Paying an employee before the next scheduled pay day.
- Providing extra compensation outside of the regular payroll.
- Reimbursing an employee.
- Paying severance that was omitted from an employee's dismissal payroll.
- Compensating for additional wages that were missed in a regular payroll.
- Correcting errors from a previous payroll.
When to run an off-cycle payroll
- Paying an employee before the next regular pay day.
- Providing extra compensation outside of the regular payroll.
- Reimbursing an employee.
- Paying severance that was omitted from an employee's dismissal payroll.
- Compensating for additional wages that were missed in a regular payroll.
- Correcting errors from a previous payroll.
Running an off-cycle payroll on Niural
- Navigate to the Payroll section.
- Click on Run Payroll
- Select “Run Off-cycle Payroll” from payroll options.
- Next, select the start date, end date and the payment date for the period you want to run the off-cycle payroll for.
- Select your payroll reporting preference
Niural offers three distinct payroll reporting preferences to accommodate different payroll processing needs.
- Regular off-cycle payroll
Select this option if you want Niural to take care of both payroll processing and tax deductions. Here's when you might opt for this:
- You have additional payments to make to your employees outside the regular payroll schedule.
- Tax reporting only
Choose the "Tax reporting only" preference if you wish to use Niural primarily for tax calculations and data storage. This might be relevant when:
- You've already processed payments to your employees separately and are using Niural purely for tax-related functions.
- Tax payments and reporting
Opt for the "Tax Payments and Reporting" preference when you've already paid your employees for the pay cycle and intend to use Niural solely for tax payment reporting. Here's when this preference is suitable:
- You've processed payments manually and are looking to Niural to handle tax payments and reporting.
- Next, on the Deduction and contributions section, select how you would like Niural to handle your deductions and contributions.
- Block all deductions and contributions: We won’t make any deductions or contributions except 401(k) deductions and contributions.
- Make regular payroll deductions and contributions: We will make your normal deductions and contributions.
- Enter employee payment details including hours, earnings and payment methods for the off-cycle payroll.
- Click on Next.
- Review the details of your payroll. If everything is correct, click on Submit.
- You will be able to view a summary of your payroll including the amount to be withdrawn by Niural.
- Review payment details and select your preferred payment method for the payroll.
- Click on Submit.