Browse By Tags

  • Step 1: Processing

    Bonus payout Are there bonuses to be payout this year? Process the bonus by entering a time-card under Payroll Transactions > Payroll Time-cards > Time-cards to enter a time-card for each appropriate employee. Vacation payout Is there any…
  • Step 1: Processing

    Bonus payout Are there bonuses to be payout this year? Process the bonus by entering a timecard under Payroll Transactions > Payroll Time-cards > Time-cards to enter a timecard for each appropriate employee. Vacation payout Is there any unused…
  • Bonus Depreciation: Any Chance it will be Made Permanent?

    Since bonus depreciation was first introduced by the Job Creation and Worker Assistance Act of 2002 , it has been extended multiple times. Except for once (in 2008), whenever the deduction for bonus depreciation has been extended, it has been made retroactive…
  • 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…