Branch Administration of Payroll in CompenSafe

Branch Administration of Payroll in CompenSafe

Branch Managers can manage their employee's payroll transactions and compensation payments for the current payroll period in CompenSafe. 

View the Branch Administration of Payroll 

1. Navigate to Comp from the left-hand menu. 


2. Enter your AFN email address and password. 


3. You will be directed to the afncorp.CompenSafe.com Dashboard. 
4. Click on the Payroll drop-down menu and select Br Payroll Menu. 


5. Under Payroll Process  will list the Branch Manager's payroll functionalities for all employee's at their branch. 

  1. Payroll Transaction Details: View the Payroll Transaction Details report where all transactions and adjustments can be viewed.
  2. Payroll and Account Balance Summary: Summary of earned payroll for current pay period (bonus, commissions, profit adjustments, accruing balances for recoverable earnings, marketing accounts and unpaid draws) and any accruing balances per employee. *This is not being used. 
  3. Employee Draws Status by Draw Date: Takes you to the Employee Draws Unpaid report which assists management and track outstanding payments owed to the branch. *This does not apply to AFN at the moment. 
  4. Send Email Notification to Branch Employees: Alerts employees of their new loan compensation that has been posted and is available for verification. *This does not apply to a Branch Manager. A Commissions Team Member will send this email to the Loan Officer. 
  5. Loan Compensation Verification: Verify employees earned compensation for the payroll period and view any disputes.

Payroll Transaction Details

The Payroll Transaction Details report lists all payroll transactions for the selected pay date. All transactions created by draws, manual adjustments, or from compensation plans will appear on this report. By default, the report shows transaction for the current pay date (This Pay).  To view transactions for a different pay period, click Last Pay, Next Pay or to view transactions over larger period of time by selecting the dates in the calendar picker.  

  1. Br #: Branch the transaction is posted to.
  2. Loan Br #: Branch the loan is assigned to.
  3. Cost Ctr: Cost center the loan’s branch is assigned to.
  4. Emp #: Employee number the transaction is associated with.
  5. Employee: Name of the employee the transaction is tied to.
  6. Borrower: Name of borrower on the loan. 
  7. Payable On Date: Milestone trigger designated on the schedule, allocation, or override that CompenSafe uses to identify when a loan is compensation payable. For manual adjustments or draws, this field will be blank. Funded Loans in Encompass will display in CompenSafe as "Completed". 
  8. Effective Date: For transactions tied to a loan, this is the date the loan is compensation payable. For manual adjustments and draw transactions, this is the date the adjustment or draw was posted. This is also known as the Funding Date from Encompass. 
  9. Pay Type: The transaction’s payment type (for example, bonus or commission).
  10. Adj Type: The transaction’s adjustment type. Adjustment types vary by company, but include: Commission Adjustment, Commission Base, Override Adjustment and Referral Commission Adjustment.
  11. Description: The transaction from compensation plans that will include the compensation plan name and any notes designated in the Notes section of the schedule, allocation, or override. Transactions created through adjustments will include notes associated with the adjustment.
  12. D/C: Specifies whether the transaction is a debit or credit to the employee.
  13. Pay Date: For reference and reporting purposes only, this is the date the transaction is to be paid. The actual pay date is set per the payroll and deposit transaction system.
  14. Amount: Dollar amount of the transaction.

Loan Compensation Verification

Verify employees earned compensation and view any disputes applied to their pay cycle. 

  1. Br#: Branch the transaction is posted to.
  2. Employee: Employee name the transaction is associated with.
  3. Loan #: Loan number associated with the transaction. 
  4. Borrower: Borrower name on the loan. 
  5. LA: Dollar amount of the loan. 
  6. Source: The Referral Loan Source on the loan
  7. Type: Pay type is the compensation schedule or override schedule. 
  8. Gross: Gross commission expressed in a dollar amount.
  9. Adjust: Adjustments made to the transaction. 
  10. Net Pay: Total commission after all allocations and deductions have been applied, expressed as a dollar amount.
  11. Net BPS: Total commission after all allocations and adjustments have been applied, expressed as basis points
  12. Activity Log: Comments from disputed transactions. 

If you need any assistance with your CompenSafe account, please email Commissions@afncorp.com with screenshots and details of your issue.

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