If you have many employees whom you pay on a regular basis, you do not have to issue paycheques one at a time. By processing payroll for some or all of your employees at once, you can save considerable time and effort.
When you process a cheque run, you can accept or change the income and benefit amounts for each employee. The cheque date for the payroll run must be the same as the session date. However, if you want to issue paycheques with dates in the previous fiscal year, you must issue individual cheques, calculating taxes manually.
Before you can process a payroll cheque run, the following payroll linked accounts must be set up:
If you are using payroll expense groups, ensure
that these accounts are set for every group.
If you are using departments,
you can also allocate payroll
amounts to multiple departments.
Renumber your cheques to match the numbers on your preprinted cheques
Pay an employee
based on time slips