When an Employee Needs Both Salary and Hourly WagesBy: Kathy Ivens
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Situation
A bookkeeper wrote to ask how to handle a payroll complication using Intuit QuickBooks® accounting software. The corporation owns restaurants, and officers of the corporation are on salary. One of the officers supervises one of the kitchens on weekends and holidays and needs to be paid an hourly wage for that work. She wanted to know how to set up an employee who is configured for salary so that he can also be paid hourly wages.
Response
The easiest way to do this is to have an hourly wage payroll item and add it to the officer's paycheck, below the salary wage item that appears automatically. QuickBooks will take care of all the computations; and won't object if there are two different types of compensation items on a single paycheck.
Copyright© 2008 CPA911 Publishing LLC. All rights reserved.
Editor's Note: The above tip is copyrighted by CPA911 Publishing and is adapted here with permission. More tips can be found on the CPA911 site.
Kathy Ivens is the acclaimed author of several print volumes on QuickBooks, including QuickBooks 2008: The Official Guide (McGraw-Hill) and Running QuickBooks 2008 Premier Editions (CPA911 Publishing), as well as editor of the CPA911 Newsletter.
Last Updated: 10/10/2008