Adjust a Transaction

1. Look up the paycheque you want to adjust. How?
   1. In the Home window, click Employees & Payroll on the navigation pane.
   2. In the Tasks pane, right-click the Paycheques icon and select Adjust Paychequefrom the menu.
2. (Optional) Fill in any information you want to include in order to shorten the results list (for example, the employee's name) and Click OK.
3. (Optional) Sort the results in ascending or descending order, by selecting a sort option in the View by list, and then clicking the Sort button.
4. Select the paycheque you want to adjust and click Select.
5. Make the necessary changes to the paycheque.
6. If you are adjusting a paycheque:
• In the current calendar year, open the Paycheque menu and select Recalculate Taxes.
• In the previous calendar year, you must enter any changes to the employee's taxes manually.
• In the next calendar year, you must enter any changes to the employee's taxes manually. Also if you want to adjust paycheques in the next fiscal year or calendar year, you must have a service plan. (Sage 50 Premium Accounting)
• From the previous calendar year into the current calendar year, open the Paycheque menu and select Recalculate Taxes.
7. Click Process.

Notes:

Be careful when entering EI insurable earnings manually, if the wrong amount is entered it will be incorrect on the Employee report, in the employee record, and on the employee's T4.

If you made any changes to the hours worked on a paycheque, the employee's Entitlements must be updated manually.

1. Look up the transaction you want to adjust.
2. In the transaction window, on the transaction menu, select Adjust. For example, in the Payments window, on the Payments menu, select Adjust Payment.
3. Make the necessary changes to the transaction.
4. (Optional) If the transaction includes items that use serial numbers now, but did not have serial numbers when the transaction was processed, click in the Quantity and Serial Numbers column and enter their serial numbers. (Sage 50 Quantum Accounting)
5. Click Process.

Note: You cannot adjust payments to credit card companies.