Compensation
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Payroll concepts in Factorial
Payroll concepts are the individual components that define how an employee’s salary is structured — including what they earn...
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How to export payroll data
How to export payroll variables data? On your sidebar, go to Compensation Access the Cycles tab and select a tab Click...
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How to import compensations
How to import compensations Go to the Compensation module in the sidebar menu Click on the Cycles tab and...
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How to manage payroll employee updates
Stay on top of employee changes and movements in your company. Choose the events you want to track—like new hires, contract changes, or terminations—and ensure clear communication with your team and bookkeeper for a smooth payroll process. On your sidebar, go to Compensation Access the Updates tab A table will appear, showing the following informat
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How to manage compensations
Before using the Compensation tool, the first step is to enable and customise your payroll concepts. These concepts are...
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How to reimburse expenses through Compensation
Overview Companies can make the reimbursement of an expense through Spending automatically, as the two functionalities are synchronised. Only approved expenses can be reimbursed. You can use the filter Approved to find it...
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How to add additional compensations in bulk to contracts?
Overview The Add compensations in bulk feature allows HR and Finance teams to apply the same additional compensation setup...
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Cycle Statuses: track and control your payroll run
Cycle Statuses introduce a clear and structured way to manage your payroll run from start to finish. Each payroll...
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How to set up meal voucher as compensation
How to set up meal benefits? First of all, make sure the Meal benefit compensation is enabled: In your...
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How to compensate time tracking data through Compensation
To activate overtime compensation through Compensation On your sidebar, go to Settings In Time, select Time tracking Select the Time tracking policy...
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How to register a Bookkeeper?
Managing your company’s finances starts with the right people in the right roles. In Factorial, registering a bookkeeper ensures...
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Factorial Professionals
What is Factorial Professionals? Factorial Professionals is a powerful tool designed for companies that outsource their payroll processes to...