Bonuses can be entered under your PAYG income in the ‘Average Bonus p.a.’ field. Though this is a once-off amount, if it is a regular bonus you get, we include it as part of your annual calculations too so we can get a read on what your overall annual surplus should be for the purposes of budgeting within MoneySMARTs.
If the bonus is irregular and not certain, such as an irregular Christmas bonus that you may get from your employer once in a while, it’s best to treat it as surprise income and not factor it into your ongoing calculations. If your bonus is not related to your PAYG income, you may add its approximate amount as an ‘Other Income’ by going to the Financials → Income → Add New Income then select ‘Other’ as the income type.
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