13th Month Pay

CoinTrack Pro automatically computes 13th month pay in compliance with Presidential Decree 851.

How It Works

The 13th month pay is equal to 1/12 of the employee's total basic salary earned within the calendar year. CoinTrack Pro tracks the running total throughout the year.

Computing 13th Month Pay

1. Go to Payroll > 13th Month Pay
2. Select the computation year
3. Click Compute to generate amounts for all eligible employees
4. Review the summary — adjustments can be made if needed
5. Release as a separate payroll run or include in the December payroll

Eligibility

• All rank-and-file employees who have worked at least one month during the calendar year
• Employees who resigned, were terminated, or retired during the year are entitled to a pro-rated amount
• Managerial employees are excluded by default (configurable)