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A
amanda981
January 6, 2023
Question

How to change BC WSBC total

  • January 6, 2023
  • 1 reply
  • 0 views

Hello,

 

I have a complicated problem, my employee's WSBC rate was set for 2021's rate (2.11%), but 2022 was supposed to be 1.8% which is a huge difference. I didn't catch the issue until September 2022 since it was my first full year in business. I've gone through all paycheques for the 2 employees and calculated what I owe them back. 

 

How do I record the refund to my employees for the overpaid WSBC? 

 

Furthermore, in the payroll tax section, how do I edit the total amount owing to WSBC? There's no way to change it from that section as far as I know. If I want everything to balance, I need to change that number somehow. 

 

Thank you so much in advance! 

1 reply

T
Trish_T
January 6, 2023

Hi amanda981,

 

Welcome to Community!  It's important that your WSBC is set up accurately in keeping aligned with government guidelines.  QuickBooks Online Payroll enables you to edit the rate as needed, to ensure accurate calculations on each pay run.  I'd be glad to assist!

 

Here's how to edit the WSBC rate:

 

1. Open Settings ⚙️and then Payroll Settings

2. Click on the Edit ✎ for Worker's Compensation and then hit Edit next to the rate you want to update

3. Change the percentage Rate, Effective date or Rate description as needed

4. Hit Save.

Here's a helpful guide for future reference.

 

Follow these steps to reimburse your employees;

 

1. From the left menu, open Payroll, then Employees

2. Select your employee

3. From Pay types, select Edit

4. Scroll to the Additional pay types section and select Reimbursement

  • If there's an existing reimbursement pay type, you can add a new one in the Common pay types section dropdown. Just select + Another Reimbursement type to add new.
  • You can add the default amount or leave it blank, and just enter the amount as you run payroll.
  • You can also rename this pay type. To rename, select Edit ✎ next to Reimbursement

5. When you’re finished, select Save.

 

Should you require additional assistance, please don't hesitate to contact us.  It would be a pleasure to work with you directly and ensure you're able to accomplish your QuickBooks goals as soon as possible.

 

Schedule a Callback or start a Chat: click (?) Help in the upper right in QuickBooks Online > enter "Contact support" > hit Contact Us > provide a brief summary of your situation > hit Let's Talk > choose Get a callback or Start a Chat.
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Support hours are from Monday to Friday between 9 a.m. and 8 p.m. ET.
 

Feel free to reach back out with other questions.  We're here for you!

 

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