How Do I Fill out the Company Adjustment Template?

On Sprout Payroll, adjustments are added on top of an employee's regular pay for various reasons -- incentives, allowances, and bonuses among others. In order to add these adjustments to the payroll, Sprout uses an Adjustment Template to make the uploading of adjustments more convenient.

Let's take a look at how this can be done.

1. Under the Setup tab on the Navigation toolbar on the dashboard, select Payroll and then click Company Adjustment from the drop-down lists that follow.

2. Under Company Adjustment click Upload Adjustments at the bottom of the table.

3. Click the Download Excel Template.

Open the Excel Template as it is downloaded.

Select or fill out the following depending on the required information:

Column A - Adjustment Type (Required field) - Select the adjustment type from the dropdown (e.g. salary adjustment or reimbursable allowance).

Column B - Adjustment Name (Required field) - Input the name for this template.

Column C - Adjustment code (Required field) - Input a unique adjustment code.

Column D - Adjustment Amount - Input the adjustment amount. The best practice is to input zero in the meantime and change the amount accordingly when the template is used / inserted in the future.

Column E - Remarks - Input, if any.

Columns F & G (Required field) - If taxable, select "Yes" for both. If non-taxable, select "No" for both.

Column H - Maximum Amount - This is used for recurring adjustments. This means the adjustment will stop when it reaches the maximum amount input. Again, the best practice is to input zero first, then change when the template is used.

Column I - Amount will be divided per period (Required field) - Selecting "Yes" will split the total adjustment amount (column D) into two. Selecting "No" will require you to input an answer in Column J.

Column J - Apply Period - (Required if "No" is selected on Column I)- input "1" or "2" to indicate which period the amount will be assigned to. If "Yes" was selected in Column I, you can leave this blank.

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