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Moodle provides a number of ways to assign a grade to a particular item, depending on what type of grade item it is. Note that it is possible to assign a grade that exceeds the maximum point value for the item. For example, you may want to assign a grade of 105/100 on an exam. This is fine and Moodle will calculate the score appropriately, taking into account the bonus points.
You may want to designate a grade item as extra credit. Please note that extra credit only functions as expected if you are using Natural weighting.
When you are on the Gradebook setup page, click the Edit drop-down next to the grade item you wish to designate as extra credit, then select Edit settings.
Within the Parent category section, place a check in the box labeled Extra credit.
Click the [Save changes] button at the bottom.
When you return to the gradebook setup page, you will see a little “+” next to the score in the Max grade column; this indicates that the item is considered extra credit. The weights of all non-extra credit items will adjust to sum to 100, and the weight of the extra credit item will be set to its relative weight based on the number of points (you can, however, override the weight just as with regular grade items).