Summary
There are five steps to follow to set up payroll entitlements in Sage 50 Accounting. The steps include changing workday hours, renaming entitlements, adjusting accrual percentages, setting maximum days, and configuring year-end clearance.
Resolution
- Switch to single-user mode.
- Go to Setup, Settings, then Payroll.
- Select Entitlements.
- In the Entitlements section, click the entitlement you want to modify and type in a new name.
- In The Number of Hours in a Work Day field, modify the number.
- In the Track Using % Hours Worked column, enter a percent number. Calculate the percentage of entitlement hours (or days) earned in a year to total hours (or days) worked in a year.
- In the Maximum Days column, add or modify the maximum number of entitlement days an employee earns.
- In the Clear Days At Year-End column, click to select Yes or No.
- Click OK.
NOTE: The payroll Entitlements tab doesn’t create an accounting entry for banked hours. Manually enter the payout on the Income tab.