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Steps for Calculating Special Earnings (Bonus) US Payroll - Sage Accpac

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Steps forCalculating Special Earnings (Bonus)

US Payroll - Sage Accpac

Open Earnings and Deduction

Create New EarningEnter new Earning “BONQTR” with following Information, showed on Form.

Create New Earning

Select Employee Tab

Enter all relative taxes

Enter Sufficient Values

Create New Earning

Select G/L Distribution Tab

Enter heads for G/L Integration

Press “Save” to update (Or “Add” to save new).

Define Code & Description for Distribution

Open Employees form

Select Required Employee

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Assigning New Earning to Employee

Select Pay Tab

Enter newly Defined EarningUsing “Insert” key on Keyboard Enter Bonus Amount

“In Your case”

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Assigning New Earning to Employee

Confirm The Following:1. Calculate must be “Yes” & Starts must

have back date.

2. Annual Maximum & Lifetime Maximum must have sufficient values

Press Save

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Open Calculate Payroll

Process Payroll Calculation

Enter Required Dates

Check “Semimonthly”, and you’ll have “SMon” & “Qtrly” checked by default.Uncheck SMon, and leave Qtrly be checked.

Process Payroll Calculation

Press Selection tab, If You need to process for selective Employees

Select Same Employee in From and To Selection to Process single Employee.ORSelect Different Selection on From-TO for Multi Processing.

Press Process

Process Payroll Calculation

Press Erase to delete previous activity and to proceed for Fresh calculationORPress Merge to proceed without removing previous unposted activity

Press Yes to see exception reportORPress No to leave.

Open Payroll Checks

Print Generated Checks after CalculationEnter Same End Date for which you have calculated the payroll & Press TAB key on your keyboard

Select Your Required bank

Press Print/Post

Print Checks

Check Numbers are Auto.You can enter manually if you are sure about last unused check number.

Press Print

Print Checks

Only Bonus Amount has been Calculated, with Tax Deductions

Check Amount

By using “Quarterly” frequency, we have isolated an earning called BONQTR

1. The frequency is the key.2. we have to select a frequency that is different from others.3. So we selected Quarterly as it is not used by other Earning/Deductions.(Please never select Quarterly for any other Earning/Deductions further in future)4. The “Quarterly” frequency should only be paying The Special bonuses.

Thank You…

Ending Note