Creating and Managing Bonuses
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      3. Creating and Managing Bonuses

      How do I close a bonus statement in Protiv? ✅

      This article explains how to close a bonus statement in Protiv, marking it as finalized and ready for payroll processing.

      Closing a bonus statement in Protiv indicates that the bonus has been processed and is ready to be included in your payroll.

      Here's how to do it:

      1. Review the Bonus Statement:

      • Go to the "Bonuses" section on the navigation pane located on the left side of your Protiv dashboard. 💰
      • Click the arrow (▸) next to the statement you want to review the details and close.
      • Important: Ensure all information is correct, especially the "Total Bonus" amount, as this is what you will add to the worker's payroll.

      2. Close the Statement:

      • Individual Statement: Click the "Mark Close" button in the upper right corner of the statement details.

      • Multiple Statements: Select the checkboxes next to the statements you want to close and click the "Mark Close" button that appears in the orange ribbon under "Bulk Action."

      3. Select Pay Period:

      • A pop-up window will appear asking you to select the pay period to which the bonus(es) should be added.

      • Choose the appropriate pay period from the dropdown menu. Make sure the pay period you select includes the date the worker will receive their pay.

      4. Confirm Closure:

      • Click the "Confirm" button to close the statement(s).

      • You'll see a "Successfully! Statement closed" notification in the lower left-hand corner of your screen, and the statement status will change to "Closed."

      5. Process Payroll:

      • Protiv does not handle the actual payout of bonuses.

      • You'll need to add the "Total Bonus" amount from the closed statement to your worker's payroll through your regular payroll process.

      • Disclaimer: Protiv is not liable for any legal or financial issues arising from improper bonus payouts or non-compliance with labor laws. Ensure your payroll practices adhere to all applicable regulations in your local, state, provincial, or national jurisdiction. Protiv assists U.S.-based companies in maintaining compliance with U.S. labor laws.


      🚨 Important Notes:

      • Only users with Admin or Manager permissions can close bonus statements.

      • Closed bonus statements can be reopened if needed, and you can view them by filtering by "Status: Closed."

      • Protiv does not delete bonus statement data, so you'll always have access to it for reference.