Calculating payouts by resource

  1. Select Compensation > Incentive Compensation > Payouts > Calculate Payouts.
  2. On the By Resource tab, select one or more resources for which to calculate payouts.
  3. Click Calculate Payout.
  4. On the Calculate Payout form, specify this information:
    Compensation Period Range

    Select the compensation period date range for which to calculate payments.

    Scheduled Payment Date Range

    Select the scheduled payment date range for which to calculate payments.

    Default Payment Date

    Required. This date defaults from the compensation schedule period if it is specified there. You can change it here.

  5. Click Okay.

    When the action is completed, the payout records are created in Pending status.

  6. To view calculation errors, click the Errors tab.
  7. To view the factors included in an individual payout record calculation, open the payout record on the Payouts panel, scroll to the bottom of the page, and click Payout Calculation Factors.
  8. Finalize the pending payout records.

    • To finalize selected records, select Compensation > Incentive Compensation > Payouts > Maintain Payouts, select the records to finalize on the Pending Payouts tab, and select the Finalize Payout action.

    • To mass finalize payout records, select Compensation > Incentive Compensation > Payouts > Finalize Payouts. See Finalizing payouts for multiple pending payout records.