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October 20, 2020
Question

Additional pay types

  • October 20, 2020
  • 1 reply
  • 0 views

I need to adjust a staff payroll to include a monthly reimbursement for insurance coverage that is part of their hire package. 

 

I have added to the 'additional pay' under edit staff. My question is whether or not the amount entered should be per paycheck or annual?

1 reply

October 20, 2020

Hi NL6010,

 

Using the right payroll items is a great way to make sure your payroll is set up correctly. I can help point you in the right direction for this.

 

QuickBooks Online makes setting up your payroll easy by having additional pay options already set up for you to select. When creating a reimbursement it's best to make sure you're selecting the right pay type for it. I suggest going through this article to better understand what each pay type is used for. In order to set up additional pay options you can follow these steps:

  1. Go to Employees or Payroll menu.
  2. Select the employee from the list
  3. Select Edit employee.
  4. Under How much do you pay the employee, select the pencil icon.
  5. Select the correct Pay type you wish to use.
  6. Optionally, enter a default amount to be paid each pay cheque. You can always change this amount when you run payroll.
  7. Select Done.

Once you have the right option selected it'll show on your pay cheques going forward. In order to know the frequency of when you pay out the reimbursement I suggest reaching out to your accountant as they are trained in how to pick the frequency. If you don't have an accountant no worries, we have your back. You can go to: My Accountant>Find a pro to help. This will bring you to our find an accountant page where you can find one in your area.

 

Have a great day!