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Managing Employee Expenses in EpochOS

Managing employee expense deductions in EpochOS - one-time and recurring expenses setup guide.

K
Written by Kristi Ficara
Updated over 2 months ago

Managing Employee Expenses in EpochOS

This guide explains how to manage employee expenses within EpochOS. Expenses are deductions from employee commissions and can be either one-time or recurring.

One-Time Expenses

One-time expenses are individual deductions from an employee's commission that are applied only once for specific, non-recurring costs.

Examples:

  • Office supplies purchase

  • Conference registration fee

  • Software license

  • Correction or adjustment

Adding a One-Time Expense

  1. Navigate to the Expenses page

  2. Click the Add expense button

  3. Complete the following fields in the modal:

Field

Description

Employee

Select the employee from the dropdown

Pay Period (Optional)

Select a specific pay period if the expense should be applied in a different period than the date indicates

Amount

Enter the dollar amount of the expense

Note

Enter a description of the expense

Recurrence

Select "One-time" from the dropdown

Date

Select the date when the expense occurred

  1. Click Save to create the expense

Note about Pay Periods: If you select a specific pay period, it will override the date you entered. For example, if an expense occurred on February 3rd but should be deducted in the March pay period, select the March pay period.

Recurring Expenses

Recurring expenses are deductions applied to an employee's commission on a regular schedule (weekly or monthly).

Examples:

  • Software subscription fees

  • Professional membership dues

  • Equipment lease payments

  • Regular retirement contributions

Adding a Weekly Recurring Expense

  1. Navigate to the Expenses page

  2. Click the Add expense button

  3. Complete the following fields in the modal:

Field

Description

Employee

Select the employee from the dropdown

Amount

Enter the dollar amount of the expense

Note

Enter a description of the expense

Recurrence

Select "Weekly" from the dropdown

Day of Week

Select the day when the expense should recur (e.g., Sunday, Monday)

Effective Date

Select the date when this recurring expense should start

Does this expense expire?

Check this box if the expense has an end date

Expiration Date

If applicable, select when the recurring expense should stop

  1. Click Save to create the recurring expense

Adding a Monthly Recurring Expense

  1. Navigate to the Expenses page

  2. Click the Add expense button

  3. Complete the following fields in the modal:

Field

Description

Employee

Select the employee from the dropdown

Amount

Enter the dollar amount of the expense

Note

Enter a description of the expense

Recurrence

Select "Monthly" from the dropdown

Day

Select the day of the month when the expense should recur (1-31)

Effective Date

Select the date when this recurring expense should start

Does this expense expire?

Check this box if the expense has an end date

Expiration Date

If applicable, select when the recurring expense should stop

  1. Click Save to create the recurring expense

Note about Monthly Expenses: If you select a day that doesn't exist in some months (e.g., 31st), the system will automatically use the last day of those months instead.

Managing Existing Expenses

Editing Expenses

To edit an existing expense, click the edit (pencil) icon next to the expense in the list and modify the fields as needed.

Deleting Expenses

To delete an expense, click the delete (trash) icon next to the expense in the list and confirm the deletion.

Key Differences Between Expense Types

Feature

One-Time Expenses

Weekly Recurring

Monthly Recurring

Frequency

Applied once

Applied every week

Applied every month

Date Setting

Specific occurrence date

Day of week

Day of month

Pay Period

Can be specified

Not applicable

Not applicable

Expiration

Not applicable

Optional

Optional

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