Available in Sage 50 Premium Accounting and higher.
Enter Employee Raise History Information
Use the following procedure to enter an employee's compensation history.
Note: The Raise History window is for memo purposes only. To make changes to actual payroll calculations, you must enter the rate changes on the Pay Info tab.
- From the Maintain
menu, select
- Enter or select the employee record for which you want to enter raise history information.
- On the Pay Info tab, select the Raise History button. Sage 50 displays the Raise History window.
- To add a new row of information, click the Row button, and then select Add from the drop-down button list.
- Enter the date of the raise in the Raise Date field. You can enter the date manually, or choose a date by clicking the calendar button. (The calendar appears when you place your cursor in the Raise Date field.)
- From the Applicable Rate drop-down list, select the pay rate to which you want to apply the raise. (For example, Regular pay.) When you select the applicable rate from the list, its associated pay rate appears in the Base Amount field. You can edit the amount in the Base Amount field, if necessary.
- Next, enter a raise amount, or a raise percentage. If you want to enter a specific raise amount, enter it in the Raise Amount field. If you want to enter the raise as a percentage, enter it in the Raise Percentage field.
- After entering the amount or percentage of the raise, press Enter (or move to another field). The employee's base amount is combined with the amount of the raise, and the new pay rate appears in the New Amount field. Using the example above, if the base amount is $10 and a 5% (or 50 cent) raise is entered, the employee's new pay rate of $10.50 appears in the New Amount field.
- If you want to enter a note about the compensation information, click the Note button in the far right of the row.
- When you're finished entering the raise history information, click OK to close the window and return to the Maintain Employees/Sales Reps window.
Note: Regardless of whether you enter the raise as an amount or percentage, both figures are calculated and entered in the appropriate fields. For example, let's say your employee's base amount is $10 an hour, and you enter 5 in the Raise Percentage field to give the employee a 5% raise. When you enter the percentage and move to another field, the raise amount (50 cents) is calculated for you and entered in the Raise Amount field. Likewise, if you enter the raise as an amount (.50), the percentage will be calculated and entered in the Raise Percentage field for you.