Set Up a Payroll Income
Before you can perform this task
Payroll incomes are used to track and calculate your
employee's income. In your company settings, set up your payroll income
by making the following modifications to the default payroll incomes:
Note: The
payroll incomes in the blue area of the table cannot be modified. You
may not be able to rename all payroll incomes.
To change the income type used
to track an employee's income
- In the Home window
on the Setup menu, choose Settings.
- Click on Payroll, and then Income.
- In the Type
column, double-click the income type next to the payroll income you want
to modify.
- Select the income
type you want and click Select.
- Click OK.
To include or exclude the taxes, benefits, contributions, or vacation pay in the payroll income
- In the Home window
on the Setup menu, choose Settings.
- Click on Payroll, and then Income.
- In the Calc.
columns, select or clear the taxes, benefits, or deductions you want associated
with this modified payroll income.
- Click OK.
To rename a payroll income
- In the Home window
on the Setup menu, choose Settings.
- Click on Payroll, and then Names,
followed by Income and Deductions.
- In the Name
column of the income table, click the income you want to modify and type
in the new name.
- Click OK.
You also need to add a linked account for the payroll income, so that the correct payroll expense account will be updated automatically.
After you have set up the payroll incomes, you need to modify the employee's record to use these payroll incomes in the payroll calculations.
What do you want to do?
Learn
about income types in Sage Simply Accounting
Create
an employee record