Introduction
Employee benefits may be provided in forms other than direct cash payments. The Non-Cash Benefits feature in Acculyt AI allows organizations to define and manage non-monetary benefits provided to employees as part of their compensation.
Overview
The Non-Cash Benefits feature in Acculyt AI allows organizations to maintain a centralized list of non-monetary employee benefits. These benefits can be configured once and used in supported payroll processes, helping businesses maintain consistent employee benefit records.
How It Works
Non-cash benefits represent benefits provided to employees in a form other than direct cash. Once a benefit is created, it can be used in supported employee payroll processes according to the organization's compensation structure.
For example, a non-cash benefit may represent a company-provided benefit or facility provided to an employee instead of a direct cash payment.
Non-cash benefits can be configured according to your organization's employee compensation and payroll requirements.
Managing Non-Cash Benefits
To add a new benefit, click + Add Non Cash Benefits, enter the Non Cash Benefits name, and click Add. Click Discard to cancel the entry.
Once created, the benefit becomes available for use in supported payroll processes. You can manage existing benefit records using the available options in the Non Cash Benefits list.
Configure benefits according to your organization's compensation policies. Keep benefit information up to date to support accurate payroll records.