I am trying to create bonus only paychecks for our employees. After I click the arrow on "Run Payroll" and click "Bonus Only," it has a place where I can check "Add pay period." What does this do? This is outside of our regular paychecks, if that makes a difference.
I'm glad to see you here, Sarah. The Add pay period option is used if the separate bonus you'll pay your employee is given based on a specific date range. I'll share more information below.
Adding a specific timeframe will enable you to identify when the bonus distribution is for. If the bonus isn't based on a period, you can uncheck this option so it won't show in the bonus paycheck and proceed with the pay date.
Feel free to read this article for detailed information: Pay employee bonuses.
To help you wrap up this year's payroll and prepare for the next period, check out this article: Year-end checklist for QuickBooks Online Payroll.
Keep us updated if you have additional queries about preparing a bonus-only paycheck. We'll be willing to lend a hand. Take care, and have a good day.
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