Yes, payroll software can handle a variety of compensation, such as commissions and bonuses. Issue your employees’ bonuses either as separate payments or by adding them to their regular paychecks. Commissions are slightly different. Consider commission plans, commission quotas, and taxes when you calculate the exact commission that your company must pay its employees. Do not perform these calculations by hand. Manual calculations take longer and increase the likelihood of human error. Look for software that provides commission-based payroll tools for the company’s small business needs. Some of the most useful employer tools include commission tracking, calculating, and managing.
Our AMS Payroll software allows all users to report different types of employee compensation. Download our free demo software today to test out our wide variety of payroll reports.