How do I give a bonus as a separate check?

If you frequently give bonuses as a separate check, first set up a wage schedule for those items. To do in Goldenseal construction payroll software, follow these steps:

1. Choose Payroll Setup from the Costs menu, and choose Wage Schedules from the submenu.
2. Click the New button.
3. Enter a name such as "Bonus".
4. Enter Bonus into the Wage Type popup field.
5. If the bonus includes different benefits from regular wages, turn off the Use Employee Benefits Package checkbox, and fill in the package of benefits that applies to the bonus wages.
6. If the bonus includes different deductions from regular wages, turn off the Use Employee Tax Package checkbox, and fill in the package of taxes that applies to the bonus wages.
7. If the bonus includes different vacation accrual from regular wages, turn off the Use Employee Vacation Package checkbox, and fill in the package of vacation items that applies to the bonus wages.
8. Click OK.
9. Click Close.

When you are ready to give a bonus, follow these steps:

1. Choose Labor Hours from the Costs menu.
2. Click the New button.
3. Fill in the employee who is getting the bonus.
4. Enter the wage schedule that you just created into the Wage Schedule field.
5. Enter Bonus into the Details popup field.
6. Enter the bonus amount into the Total Wages field.
7. Enter job cost information for the bonus. You can cost it against overhead, or against a specific project.
8. Hit the Enter key to save the record.

When you are ready to write a check for the bonus, follow these steps:

1. Choose Write Payroll from the Bank menu.
2. Fill the bonus Wage Schedule into the Wage Schedule field at the bottom of the window. You may also need to adjust the Pay Period popup field at the top of the window, so it includes the bonus.
3. Select the employees for whom you'd like to print paychecks now.
4. Click the Write Payroll button.
5. Select a bank account to use for the bonus payments.

NOTE-- Click this link for instructions on combining a bonus with a regular paycheck.

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Click here for general information about Goldenseal payroll software.

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