How to Check the 13th Month Pay Settings

To check the settings of your 13th Month Pay on Sprout Payroll, click on the Setup tab on the Navigation toolbar. Select Company, and click on Profile from the drop-down list

 

Under Payroll Computation, select 13th Month Pay.

 

 

Computation type will tell how the system calculates the 13th Month Pay.

                                                                                               

 

Prorated / Advance is used if the policy is Total Basic Pay in a year divide 12

Sample A

Tenure is 1 or more than 1 year

Hire date: 12/07/2016

Monthly Basic Rate:  20,000

 

                 

Month	Basic Monthly Rate
January	20,000
February	18,000
March	20,000
April	20,000
May	19,000
June	20,000
July	20,000
August	16,000
September	20,000
October	20,000
November	20,000
December	20,000
Total Basic Pay	233,000
13th month	19,416.67

 

 Sample B

Tenure is less than 1 year but more than 1 month

Hire date: 2/01/2017

Monthly Basic Rate:  20,000

 

Month	Basic Monthly Rate
January	-
February	18,000
March	20,000
April	20,000
May	19,000
June	20,000
July	20,000
August	16,000
September	20,000
October	20,000
November	20,000
December	20,000
Total Basic Pay	213,000
13th month	17,750

 

                                                                
Prorated / Current / Full Salary is used if the policy is Total Latest Basic Monthly Rate in a year divide 12

Sample A

Tenure is 1 or more than 1 year

Hire date: 12/07/2016

Monthly Basic Rate:  15,000 & 20,000

 

Month	Basic Monthly Rate
January	20,000
February	20,000
March	20,000
April	20,000
May	20,000
June	20,000
July	20,000
August	20,000
September	20,000
October	20,000
November	20,000
December	20,000
Total Basic Pay	240,000
13th month	20,000

Sample B 

Tenure is less than 1 year but more than 1 month

Hire date: 2/01/2017        

Monthly Basic Rate:  15,000 & 20,000                                                        

                                                   

Month	Basic Monthly Rate
January	-
February	20,000
March	20,000
April	20,000
May	20,000
June	20,000
July	20,000
August	20,000
September	20,000
October	20,000
November	20,000
December	20,000
Total Basic Pay	220,000
13th month	18,333

Deduct Absent and Deduct Late/Undertime means the system will deduct all absent or late/undertime on the selected cutoff                                                               

                                                                
Under Optional, we can select other types or sources of income so that system will include these in the computation. Currently, the default income is Basic pay only.