Setting up BONUS for Payroll
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songbird331
- Posts: 78
- Joined: Wed Feb 22, 2012 12:19 pm
Setting up BONUS for Payroll
A staff member has received a 'love offering' and I'm told to enter it as a Bonus in his paycheck. Can you give me the proper steps to get this set up in payroll, please? I've not done this before. Thank you in advance.
Re: Setting up BONUS for Payroll
Did a forum search using "Bonus", and came up with this thread which should help you:songbird331 wrote:A staff member has received a 'love offering' and I'm told to enter it as a Bonus in his paycheck. Can you give me the proper steps to get this set up in payroll, please? I've not done this before. Thank you in advance.
viewtopic.php?f=3&t=7363&hilit=bonus
Just to let you know, the contributor of this gift, because it appears to have been designated for one person, can not take this as a deduction, so it should not appear on any contribution statement as a deductible donation. This is per IRS rules since it is going to support a specific individual.
Neil Zampella
Using PC+ since 1999.
Using PC+ since 1999.
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songbird331
- Posts: 78
- Joined: Wed Feb 22, 2012 12:19 pm
Re: Setting up BONUS for Payroll
This 'gift' was given to our associate Pastor. Since we have our payroll done outside of the church, I was informed that in order for them to report it to IRS I put it in as a Bonus in payroll. My situation is: I don't know how to enter the 'bonus' in PC payroll to where it shows up in I/E statement.
Re: Setting up BONUS for Payroll
Not sure what you mean by 'PC Payroll' if you have your payroll done by an outside firm. I'm going to assume you're talking about where to show it in Funds Accounting.songbird331 wrote:This 'gift' was given to our associate Pastor. Since we have our payroll done outside of the church, I was informed that in order for them to report it to IRS I put it in as a Bonus in payroll. My situation is: I don't know how to enter the 'bonus' in PC payroll to where it shows up in I/E statement.
If you're just looking for a place for the expense, I would add another account under the AP Expenses for Bonus, and enter it there.
Neil Zampella
Using PC+ since 1999.
Using PC+ since 1999.