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Dec 15, 2022 12:43 PM UTC
Question

Can I run bonus cheques for the full amount of the bonus and then take the deductions from the next pay period?

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1 reply

Dec 15, 2022 3:29 PM UTC

Hi istration3,

 

Welcome to Community!  It's great that you'd like to provide a bonus to your staff.  QuickBooks Online Payroll provides many options for paying your employees.  However, it's not advisable to provide a tax free bonus and then apply the deductions to an upcoming pay period.  This can have a negative impact on the T4's.  

 

Please don't hesitate to reach back out with other questions.  We'd be happy to help!