Loan/Bonus -Additional Off Cycle payments.

Dear Friends,

How to make payments through off-cycle payment.

1.I would like to pay bonus and loan through Off-cycle payment on 17.06.2008.

2. I have created a entry in IT 267 for Bonus and tried to run Payroll driver with the same date(17.06.2008) in off-cycle box in payroll driver. but there is no payment in earnings column.How to do it.

3.How to pay loan through Off-Cycle payments.how to process it.

4.How does the off-cycle payments have impact in income tax.

5.Is there any configuration required to run Off-Cycle Activites.

Detailed explanation is much appreciated. Points will be rewarded.

Regards,

Sekar.