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

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

Solution Properties

Solution ID
224924450059167
Last Modified Date
Mon Nov 21 17:54:25 UTC 2022
Attributes
Product Details
Integrated Product: Blueprints
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