PAYROLL & SOFTWARE 3.1 Add New Employee to Payroll Software You must prepare payroll for a new
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PAYROLL & SOFTWARE
3.1 Add New Employee to Payroll Software
You must prepare payroll for a new employee, Corwin Hart, who joined 2 weeks ago.Following best practice, you sent Corwin a TD1 to fill out and received the below completed TD1, which you will use to set him up in your QuickBooks Payroll.
Corwin gets paid a rate of $30 an hour. In the payroll period, Corwin worked for 35 hours.
The pay period is January 1, 2023, to January 15, 2023. The payroll date is the 30th of January.
Use Default Tax rates for Provincial and Federal Income Tax.
Your Company pays employees bi-monthly. Vacation pay of 4% is accrued onto the employee's payroll file. When the employee wants to take vacation, they can draw down from the saved Vacation hours.
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