Setting the payroll run date
Paycheques Overview > Paying employees > Setting the payroll run date
The Set Payroll Run Date window allows you to set a payroll run date (processing date), which is used to calculate the tax period for the pay cheque. The benefits of setting this date include:
- Because there are multiple issues of tax tables in a single pay year, more
than one tax table can be stored in your company file. Each tax table is applicable
for a specific date range. The payroll run date identifies and uses the correct
tax table.
- When a tax week crosses two different months, it determines which tax month
it belongs to.
- The date a recurring paycheque is recorded with when actioned fron the To
Do list window is the Payroll Run Date.
Click below for the step-by-step procedure:
Set the payroll run date