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#1
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how to use QB to set up payroll
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. |
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#2
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Create a commission item in the payroll item list, setting the percentage to 35%. When you are ready to do payroll do a sales by rep summary report and plug the numbers in for each employee. the payroll module will calcualte 35% of that and put it on the check for you.
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Dave Mammoth, AZ USA Balancing Act Business Services david@balancing-act.com |
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#3
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Thank you for the info Crazysonoran, I'll try it tonight.
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