Good Afternoon,

My former bookkeeper posted an entry on Sage50 for an employee, who has the following details:

• Regular wage $14, Overtime wage $21 per hour. 
• Bi weekly pay - 80 hours per a period
• Vacation is 6% retained
• Deductions: Group INsurance $30, EI factor 1.4 
• Recover advance of $100
• WSIB rate 2.55% 

Is this the correct entry? 

Debit: Wages Expense   $1225.72, CPP Exp $50.25, EI Exp $25.4, WSIB Exp $27.08

Credit: TD Bank $857.32, Vacation Payable $63.72, CPP Payable $100.50, EI Payable $43.54,Tax 106.29, Group INsurance $30, WSIB Pay $27.08, Advances Receivable 100

The entry was recorded in the Q3 of last year. 

Thank you,

GW