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December 24, 2022
Question

How to pay a bonus to a terminated employee

  • December 24, 2022
  • 1 reply
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1 reply

MaryLandT
December 24, 2022

Hi there, sheena8.

 

Let's create a bonus check for a terminated employee. You can make a scheduled payroll for the final paycheck. 

 

Here are the steps you can follow.

 

  1. Go to Payroll, then Employees.
  2. Click Run Payroll. If you have a payroll schedule, select it, then Continue.
  3. Select the bank account you use in QuickBooks to track this type of payroll transaction. Also, review the pay period and pay date.
  4. Select the employee you want to pay.
  5. Enter their hours, compensation, memos, or any other necessary paycheck info.
  6. Under Pay Method for each employee, choose a paper check or direct deposit paycheck.
  7. Click Preview payroll.
  8. Select Preview payroll details to review the details,  Save for later, or Submit payroll.
  9. When you're ready, click Finish Payroll.

 

Once done, remove the employee from the active list so you don’t get billed for them anymore. This article will help you through the steps: Terminate or change your employee's status on the payroll.

 

Another way of paying the terminated employee is to provide a paycheck outside the normal pay schedule. Check the For Unscheduled Payroll section in this article for the detailed steps: Create final paychecks for terminated employees.

 

If you have more payroll questions, don't hesitate to leave a comment below. I'll provide the steps and articles that you need.