Bonus payout

Are there bonuses to be paid out this year?

• Process a bonus by entering a timecard under Payroll Transactions > Payroll Time-cards > Time-cards to enter a timecard for each appropriate employee. 

Vacation payout

Is there any unused vacation that needs to be paid out?

• Find each employee’s current balance by going to Payroll Transaction Reports and selecting the Accruals report.
• How to pay accrued vacation for an employee has complete instructions on paying out the vacation. 

Adjustments (accruals, earnings, taxes)

Are there any employees that need their year-end totals adjusted for any accruals, earnings or taxes?

• How to adjust and correct T4 box totals  has information on how to use Transaction History to adjust amounts in an employee’s T4 boxes. Any change will be reflected on all reports (government or not) that show this tax amount.
• How to adjust an accrual's remaining balance has information on how to use Transaction History to adjust an Accrual.
• How to adjust an employee's earnings total has information on how to use Transaction History to adjust an earning’s amount.