• Bonus Tax Calculation

    How do you set up an income in Sage so that it uses the bonus method to calculate the taxes for a bonus paid to employees? Taxes need to be calculated differently than for regular income and I don't see a way to set this up. I've called Sage twice and…
  • Non-cash bonus

    I need to record a non-cash bonus in payroll. I can't find any resources on how to do this. Any suggestions? Thanks.
  • How to pay a bonus?

    I thought this would be reasonably easy but I am a bit lost on this. How do I pay myself a bonus apart from my regular salary? There appears to be no "bonus" category in the Payroll Cheque form section. Instead, I see Regular, Salary, Overtime, Commission…
  • Linked accounts not working (not showing wage payroll expense in reports)

    I have reviewed, verified and "refreshed" my linked accounts. One linked account, "Payroll Expense" (A calculation of stat. holidays and bonuses) as of November of last year is no longer calculating the totals on our Income Statement Report under Payroll…
  • Employee Payroll Advance

    1. An employee was given a cheque $178.56... as an advance that will come off of his next paycheck. I minus deductions from $184.00 to find $178.56 and write a cheque out manually from our cheque book. Was I right to minus deductions on this advance?…
  • Year End Bonus

    I want to give my employees a 500$ Xmas bonus. I added an Income item called Bonus as described in previous posts and made it a Benefit Type. However when I enter this amount on an employee paycheck only as a bonus, it does not add the actual money…
  • RE: Paying Bonuses to employees

    How do you record a bonus payment to an employee on their pay cheque? Create a new payroll income category called Bonus as Type = Income , Unit of measure = Period. Check off everything except calc Ins. Hours and Calc. Vac. Set the linked account under…
  • RE: Deductions on Bonuses

    In Sage 50, salary and bonus are added and treated as gross pay. Even though it is presented as one single number as gross pay, they are still shown separately under the table of Income Tab of the paycheque window. If there is no balance put under the…