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The Employment Insurance (EI) amount on the paycheque is incorrect

Created on  | Last modified on 

Summary

EI employee deduction amount is incorrect in Sage 50 Accounting. When manually calculating the Employees gross pay x current EI rate, there’s a discrepancy.

Cause

  • Incorrect payroll settings

Resolution

CAUTION: Sage support can't assist with third-party products, hardware, report customizations, or state and federal tax questions. Refer to our Scope of Support for more info. Contact your Sage business partner, network administrator, or accountant for assistance.

  1. Go to Setup, Settings, Payroll, then Incomes.
  2. Verify that the required Incomes have the Calc EI checked.
  3. Select Setup, Settings, Payroll, then Deductions.
  4. Check the Deduct after EI column or uncheck as appropriate.
    • Not checking the EI deduction column excludes the deduction amount from the EI calculation
  5. Verify the tax table settings are in the correct province. (Quebec has different EI rates compared to the rest of Canada).
  • Go into the Employee Records, Taxes tab
  • Change tax table if wrong