How to setup multiple WSIB rates for each employee wage income type or province worked in
Description
How to create multiple WSIB rates for multiple incomes types in the farming industry
How to setup multiple WSIB / WCB rates for each employee working in more than one province
WSIB for multiple labour types
My farming company farms many different crops in Ontario. How do I setup the WSIB for each crop / labour type?
My employees work under many different WSIB rate groups on one paycheque. How can I record different Premium rates in the paycheque module?
How do i set up WCB for multiple provinces in payroll?
Resolution
Notes:
For this method, you will not use the Sage 50 standard WCB settings
The rate is not able to be calculated based on a percentage of each wage type at this time
The percentages must be calculated manually
Go to the WCB & Other Expenses tab of the Employee records
Change the WCB rate to 0.00 for each employee
Click Save and Close
Go to Setup, Settings, Payroll, Linked Accounts, Taxes
Delete (or Backspace key) the accounts listed in the WCB section of Payables, Expenses and Payment Adjustments
In the Chart of Accounts, create the number of WSIB payable (2000 series) and WSIB expense (5000 series) accounts needed. Make sure to set the account classes on each new account your create
The account class for WSIB Payable accounts are Payroll Tax Payable. The account class for WSIB Expense are Payroll Expense
Go to Setup, Settings, Payroll, Other Expenses
Create / name as many new WSIB expense as you may need according to how many WSIB expenses you created in the Chart of Accounts
Go to Setup, Settings, Payroll, Linked Accounts, User Defined Expenses
Link the new WSIB accounts accordingly to the proper accounts you created in the Payables, Expenses and Payment Adjustments sections
When doing the paycheque the User Defined Expenses tab will appear
Enter the dollar amounts manually that matches the WCB percentage rate of each income type