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What is a top-up budget?

Discover what is a top-up budget amount in this article.

Sofia Van Rijckevorsel avatar
Written by Sofia Van Rijckevorsel
Updated over a week ago

A budget top-up is when you add new funds to an employee's Payflip budget.

It represents the employer cost (gross amount + employer contributions) that you allocate to an employee. What is the employer cost of the budget?

💡 How do budget top-ups work?

The process varies by budget type:

End of year premium 💰

This budget is limited to one top-up per year per employee.

Thanks the Payflip system, the end-of-year premium is calculated automatically. So normally you do not have to add any top-up!

If you do not use the automatic EYP calculation and you need to adjust the current top-up amount, use the 'Edit amount' :

  1. Click on the employee's profile

  2. Click on the button 'Edit' next to the EYP budget

  3. Click on 'Edit the amount'

  4. Make sure the automatic calculation is set to 'off'

  5. Enter the new top-up amount

  6. Save your changes

Cash bonus 💵

Multiple top-ups possible throughout the year (example: quarterly sales bonuses).

If you need to add a new top-up amount :

  1. Click on the employee's profile

  2. Click on the button 'Edit' next to the MB budget

  3. Click on the top right pink button '+ Add a new budget top-up'

  4. Enter the new top-up amount

  5. Save your changes

Mobility Budget 🚗

As the end-of-year premium budget, only one top-up can be added per year per employee.

So if you need to adjust the top-up amount :

  1. Click on the employee's profile

  2. Click on the button 'Edit' next to the EYP budget

  3. Click on 'Edit the amount'

  4. Enter the new top-up amount

  5. Save your changes

⚠️Important guidelines

Always enter the total employer cost when adding a top-up

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