Create A Separate Bonus Paycheck
Step 1 –
Begin creating payroll according to your regular process.
If you use payroll schedules, process the bonus check as an unscheduled payroll to avoid date discrepancies in your next scheduled payroll.
Here are the steps to create a paycheck using unscheduled payroll:-
- Click on the Employees which is on the top of the menu bar. Then, select Pay Employees.
- Now, select Unscheduled Payroll from the list.
Step 2 –
Check mark the name of employee(s) that you want to create a bonus check for, then click on the Open Paycheck Detail button.
Step 3 –
In the Earnings box of the Preview Paycheck window, click on the Item Name column to get a drop-down menu, and then select a bonus item.
Step 4 –
In the Rate column, enter the gross amount of the bonus.
Step 5 –
Click on Save and Close or Save and Next to continue creating additional bonus paychecks.
QuickBooks will calculate the withholding taxes according to the Filing Status and the Allowances in the Employee Profile. You must need to consider the taxability of bonuses. The net pay bonus check can drastically change that is based upon the selection and the disbursal of taxes. For options on changing the tax disbursal on the bonus, you need to know about create a bonus paycheck.
You need any kind of support related to your program, you can get support QuickBooks Technical Proadvisors USA , simply Dial +1800-865-4183 or get full service.