As of June 1st, 2019, the minimum wage rate has increased for the province of British Columbia. Wondering how to account for this in Sage 50 CA?
If you subscribe to a Sage 50 CA Business Care plan you'll have access to the payroll module.
STEP 1: Launch the Sage 50 CA software and access the Employees & Payroll module's Employees icon to get a list of all employees.
STEP 2: Select an employee's profile to access, then visit the Income tab to access and modify the Regular Income's Amount per Unit.
STEP 3: Double click into the field to modify the hourly rate for regular pay, then click on Save and Close.
Note: Employee rates must be updated on each individual employee record.
Access the Paycheques icon in the payroll module to launch the paycheque screen, in the simplification below we selected the employee then date, checked that the hourly rate of pay matches what is the new minimum wage for BC as of June 1st, 2019.
Once ready just press process.
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Correct C White, you'll want to adjust your overtime rates in a similar way. In BC "After working eight hours in a day an employee must be paid day 1.5 times their regular rate of pay for any time worked over 8 hours up to 12 hours in a day." Overtime pay is calculated: Hourly pay rate x 1.5 x overtime hours worked.
Please clarify - do you not have to also update, in each employee record, their overtime 1 and overtime 2 rates?