Solution Properties
Solution ID:
241227164526007
Last Modified Date:
Fri Dec 27 16:54:32 UTC 2024
Taxonomy Path:
Category//Payroll and HR//Benefits
Author:
[email protected]
Payroll Income Types
Description
   Income Type                                                                                        Description                                                                                                                     
Hourly Base rate of pay. Paid on an hourly basis.
Differential An hourly rate you pay the employee beyond normal working hours, such as overtime, night-shift, or holiday.
Piece Rate The pay rate depends on the number of items produced by the employee.
Income Base pay rate based on regular pay periods, such as a bi-monthly cheque.
Benefit Benefit paid to an employee. Reported on both T4and RL-1 forms regardless of whether you have set up Sage 50 to calculate

Benefit (Que)		 Quebec-only benefit paid to an employee. Reported on RL-1 slips only.
Reimbursement Reimbursed expense, such as a car lease.

 NOTE: You can only use payroll incomes Overtime 1 & 2 as Hourly or Differential. You can't change the Regular income from Hourly.