Viewing and finalizing pending bonus payouts

Use this procedure to view and finalize pending bonus awards.

  1. Select Compensation > Awarding > Awards > Bonus Payouts.
  2. On the Pending tab, view the pending payouts.
    To view bonus payouts that have been finalized, click the Finalized tab.

    To view bonus payouts that have been submitted but not finalized, click the Submitted tab.

  3. Use the Finalize action to finalize the payouts.
    When payouts are finalized, they can be interfaced to a payroll application.
    Note: These records are created after the manager has submitted the bonus awards and final approval has been received.

    When the payout record is finalized and the payment schedule for the employee’s primary work assignment has HR Payroll enabled, a time record is created in Approved status. The payout record is updated to Submitted To Payroll status. The time record can be accessed from the payout record.

    • If errors are displayed, the time record is not created and the payout record is set to Finalized With Error. After the error is corrected, the Submit To Payroll action can be taken to finalize the payout and create the time record.
    • For time records to be processed correctly, the pay code for the payout record must be set up with a calculation type of Do Not Calculate.