UAT
01-21-2004, 01:49 PM
I’m a new business owner using QB 2002, I’m trying to set up my employees for payroll but I have a dilemma on how to set them up. I pay my employees a percentage commission on the labor time they do per customer. My question is how can I use QB to do this for me?
Let’s use this as an example:
Customer 1 = 1.5 hours at $50.00 Hour/rate = $75.00
Customer 2 = 3.5 hours at $60.00 Hour/rate = $210.00
Customer 3 = 2.0 hours at $40.00 Hour/rate = $80.00
Customer 4 = 0.25 hours at $75.00 Hour/rate = $18.75
Customer 5 = 5.0 hours at $50.00 Hour/rate = $250.00
Total hours worked = 12.25 = $633.75
Assuming the employee gets pay 35% of the total labor he will be receiving $221.81.
My question is how can I use QB to keep track of the hours worked at the different rates and then take the 35% from the total labor and take this amount to the employee’s payroll.
Please keep in mind I’m not an expert when it comes to accounting and I’m a new business owner with the will of learning as much as I can.
Let’s use this as an example:
Customer 1 = 1.5 hours at $50.00 Hour/rate = $75.00
Customer 2 = 3.5 hours at $60.00 Hour/rate = $210.00
Customer 3 = 2.0 hours at $40.00 Hour/rate = $80.00
Customer 4 = 0.25 hours at $75.00 Hour/rate = $18.75
Customer 5 = 5.0 hours at $50.00 Hour/rate = $250.00
Total hours worked = 12.25 = $633.75
Assuming the employee gets pay 35% of the total labor he will be receiving $221.81.
My question is how can I use QB to keep track of the hours worked at the different rates and then take the 35% from the total labor and take this amount to the employee’s payroll.
Please keep in mind I’m not an expert when it comes to accounting and I’m a new business owner with the will of learning as much as I can.