Wages Name |
The name of the wage you're viewing appears in this field. Enter a unique name if you're creating a new wage. You can change information for any wage, and you can delete all wages except the Base Salary and Base Hourly wages. |
Type of Wages: Hourly |
Choose this selection if this wage will be used to calculate income on an hourly basis. |
Type of Wages: Salary |
Choose this selection if this wage will be used to calculate employee income on a fixed amount per pay period, month or year. |
Pay Rate: Regular Rate Multiplied by |
Enter the amount by which you want to multiply this wage rate by the regular hourly base rate. For example, if you pay "time-and-a-half" for overtime, enter 1.5 in this field. This field appears only if you chose the Hourly selection in the Type of Wages field. |
Pay Rate: Fixed Hourly Rate of |
Enter the fixed hourly rate for this wage in this field if the wage is not a multiple of the regular hourly base rate. This field appears only if you chose the Hourly selection in the Type of Wages field. |
Optional Account/Override Account |
If you want to track this wage with an account different from your linked Default Wages Expense Account, mark this selection; enter the account you wish to use in the Override Account field that appears when this selection is marked. |
Employee button |
Click this icon to open the Linked Employees window - Wages, where you can select the employees to whom this wage is assigned. |
Exempt button |
Click this button to open the Wages Exemptions window, where you can list the taxes and deductions from which this wage is exempt. |
New button |
Click this button to create a new employee wage. |
OK button |
Click this button to accept the entries you've made and close the window. |