Articles tagged with 'payroll'

The government has approved a request to allow one of the employees to reduce their income tax deductions at source for the year. How do you make this happen?

The following steps in this article will allow you to run the new year's payroll with old tax tables. This will mean that the calculations of income tax, CPP, and EI will be calculated based off the old tax tables. This can be adjusted in your second payroll run, as long as you download the new year's tax tables before running this second payroll run.

The payroll groups are where you can select the group of people you have grouped together for pay runs. Typically, a payroll group organizes employees based on employee type, pay frequency, location, and so on.

Payroll Categories normally consists of five elements: earnings, benefits, deductions, accruals, taxes and employer expenses. These collectively make up a paycheck. Before you begin paying your employees, you will create payroll categories that are used by your company. These categories will then be assigned to your employees that are required. Acclaim comes preloaded with a predefined list of payroll categories. Please review these to ensure you are not creating categories already assigned or in use.

The Select Pay Period window is where you can select the pay period you would like to process. Here you can check off the specific criteria you would like to have calculated in the pay run, such as the date, the group, and specific earnings, deductions, and benefits.

This section has two main components.