Employees & Payroll
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Hello, I have a question regarding Vacation Pay Accruals. Now normal practice is to accrue vacation pay in 4%, 6% and 8% increments based on duration of employment. I was able to setup the accruals properly and the system take the gross pay and multiplies it by the specific percentage. My issue comes from when I pay employees out. Right now when I add employees vacation hours (QB Payroll Advanced w/ Wagepoint) to their pay (don't allow for $ amounts) it runs the payroll but it then accrues vacation hours on the vacation pay that is being paid out. As far as I was concerned, employees don't accrue vacation time on paid out vacation hours. Because of this it puts me in to a never ending spiral as if an employee quits or is terminated, I pay his/her vacation time out only for the system to accrue 4% on the vacation I just paid. Rinse and repeat. Please help!
Hi,I've included contractors in payroll to be able to pay my contractor through direct deposit.Also, I've created the expense transactions in Quickbooks to be able to record the HST amount.Now, how can I reconcile them? Thanks,Joe
