FormerMember

Setting up Payroll with Salary

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Posted By FormerMember

I've done a lot of research on this and can't find an exact answer. I'm setting up Payroll in Sage 50 Pro Accounting. The employee 'Income' list shows 'Salary' as an option. In the table there is 'Unit' (Period) and then there is 'Amount / Unit' and then 'Hours/period' etc. I entered the annual salary amount and then tried to change the period to annual (this didn't work). I tried entering the units as 2080 hours (this didn't work). The only thing that seems to be effective is calculating the hourly rate and then entering that. How do I enter the annual salary amount and have Sage calculate the weekly pay.