Please ensure that you have added your contractors on Asanify by following the Steps to add contractors. After you have added your contractors you may pay your contractors using Asanify.
Please note that as of now, the pay contractors feature doesn't actually transfer the money to the contractors but instead calculates the amount you need to pay your contractors and saves the calculations as a record on Asanify. However, you may look forward to the transfer being available in the future.
Here is a step-by-step guide:
Step 1: Initiate the contractor payroll in the pay contractors tab.
Step 2: Fill in the details and click on the pay contractors button.
Step 3: Select the payment mode.
Step 1: Initiate the contractor payroll in the pay contractors tab.
Go to the Pay Contractors tab in the left navigation bar.
Choose the date range for which you wish to pay your contractors by clicking on the date range button.
You may choose the From and To dates from the pop-up -> Click on the Submit button in the pop-up.
Click on the Run button.
Step 2: Fill in the details and click on the pay contractors button.
Now you may fill in the details for your contractors as per your requirements. Please refer to the table which is below the image to view a description of the editable fields.
Field name | Description |
No. of periods | The number of periods for which you wish to pay your contractors. You may enter the No. of periods using decimals as well. This is useful when you wish to adjust for LOP days. For e.g., If you wish to pay a contractor 5k per month for 2 months and if the contractor has 6 LOP days in a month with 30 days then you may enter 1.8 as the value in the No. of periods column. |
Pay per period | The amount which you need to pay your contractors per period. By default, this field will contain the pay rate that you've defined in the system for that particular contractor. |
Reimbursements | The amount you need to reimburse to your contractors. |
Tax | The tax amount that needs to be deducted. |
If you edit any column then the Gross Payments column and Net Payments column will recalculate based on your inputs.
After you have made your edits you may click on the Pay Contractors button.
Step 3: Select the payment mode.
You may click on the Payment mode dropdown and select your preferable mode of payment from the dropdown.
After you have finalized your changes you may click on the Submit button.
You may click on the Back To Dashboard button to go back to your dashboard and view the recent payroll that you have run.
Your payrun will also be available for you to view if you go to the Payroll tab in the left navigation bar -> Click on Past Payruns -> Click on the Contractors tab.