Hi,
How to post the journal entries for the paying the benefits statement to the benefits company at the beginning of the month the employee and employer portion is automatic out of the account.
How to post the payroll entry with the employee deduction…
A new company I am working on was told by CRA to continue deducting CPP & EI from employees even after they had reached the yearly maximums. I have been directed to shift these overpayment amounts into Income tax deducted before printing the T4s. What…
I am pulling my hair out over this and hoping someone can help?
I received a garnishment notice from Canada Revenue Agency (EI) where I am required to deduct regular instalments of 20% of his NET pay. I can't figure out how to do this - anything that…
I am an egg producer. On my receipt I get paid for my eggs. Then there are deductions, one for egg levy, and one for shipping and handling. They both have GST charged on them. This GST is an ITC. How do I set that up.
For instance
Eggs $1000.00 GST…
Is there a way to quickly remove earnings and deductions from employees or a group of employees utilizing a selection list or range? We use the assign and update tools frequently, but are needing a way to quickly process a removal of a specified earning…
Hi, I'm currently new on sage especially payroll. I didn't notice that I have deducting one employee for medical and insurance plan. We are planning to give it back to the employee the whole amount but there's a deduction for CPP and EI. We thought about…
I think it'd be a good idea to be able to add specific options from the advanced data import tab into the Payroll Links box.
For example, every month I use the below imports that would be better accessed as a link rather than digging through the toolbar…
At the beginning of 2022 my computer crashed and I lost my data.I have one employee, I continued to do payroll without entering into Sage.
I used the same amount from the last pay in Dec 2021. Forgetting he had maxed out his cpp and ei. So basically…
I need to change balances for some of my deduction lines that have been setup with priorities to carry forward.
The calculations on these lines were originally incorrect and incorrect deductions and balances were created.
Can I change the balance…
Currently SAGE 50 has two options for payroll deductions 1. deductions based on a % and 2. deductions based on a set amount
Please add in the ability to have deductions based on hours. It seems so simple to me, as it already exists for income.
For…
If you're a limited company and a subcontractor and you've requested a refund of CIS deductions suffered from HMRC, you should record any money received in Sage 50cloud Accounts to update your bank and CIS Tax Withheld nominal codes. Find out how >
We have to make our first quarterly CT PFMLA payment however the amount the state says we owe (calculated from gross) is different from what has been withheld from our employees. I even broke it down by the week rather than the quarter and got the same…
I use Ceridian as our payroll provider and am wondering what is the best way to enter employer and employee deductions in sage when entering in the payment to the payroll provider?
Hi
I need help with an error I made. I have an employee who turned18 in the summer and forgot to start collecting CPP from his paycheque. My accountant has informed me that as a result we owe the CPP that wasn't collected but that we can set up a loan…
I would like to see a pop-up warning to say something like “Are you aware that you’re about to run your payroll with a pay element that is not subject to a statutory deduction? (NI, PAYE, Pension etc)".
You could then have a “do not show this message…
So we are planning on renting a house from another company to be used as a staff house. We will then charge our employees a fraction of the cost of the rent and the company will pay the rest of the cost. Question: Do we count charging our employee rent…
Hello everyone! The organization I work for hired someone to fill a 1 year maternity replacement position. Typically staff would enroll in our RRSP plan and take advantage of our health benefit plan. In lieu of RRSP and health benefits I was asked to…
I have 1 client that I share the Sage file with (we each have our own copy of Sage 50 2018). I have most of my other clients on 2019 and I also subscribe to payroll. I found that the 2019 versions all had their tax tables updated to the July 2019 version…
While the General Ledger configuration does and should follow the employer's tax table, it seems reasonable to expect that the income tax rate would follow the employee's province of residence - especially as it that is a required field chosen from a…
I received a cheque from the MRQ for a reimbursement of $236.04 regarding deductions at source (Taxes, RRQ, FSS, RQAP) for the 2018 tax year.
How do I enter this in Simply Accounting?
I guess I overpaid them.
My fiscal year is June 1st to May 31st…
I am creating my T4's for 2018 but I am unsure about one employee. From Jan.-June he was considered an employee, but then he purchased the company (100% of it) from the original owners and is now considered EI exempt. So from July forward I was not taking…
The CPP deductions seem to be calculating wrong on salaries that are higher than the CPP maximum amount since the 2019.1 update.
Example:
Salary: 100,000
CPP Exemption: 3,500/26=134.62
CPP rate: 5.1%
100,000/26 =3846.15
3846.15-134.62=3711…
An employee used company materials and has asked me to just deduct it from paycheque.
What's the best way to do this?
Currently what I'm doing is making a purchase invoice to our company. (As if company purchased something from itself).
I post…
I am using BusinessWorks 2017 SP2. I tried to print my 2017 W-2s and when I got to confirming the state wages the program gave me the following error.
The error appears to be the reduction in taxable state wages caused by a SIMPLE IRA deduction or a…
