Payroll Income Types

The Payroll Income Type identifies the source of a payroll income. The Unit of Measure for a payroll income is determined by the type. The following payroll income types are available in Sage 50 Accounting.

Table of payroll income types and their descriptions
Income Type Description
Hourly Represents a base rate of pay paid on an hourly basis.
Differential Represents an hourly rate of pay which is paid beyond normal working hours, such as overtime, night-shift, or holiday hours.
Piece Rate Represents a pay rate dependent on the number of items produced by the employee.
Income Represents a base pay rate based on regular pay periods, such as a bi-monthly cheque.
Benefit Represents a benefit paid to an employee. Benefits are reported on both T4 and RL-1 forms, regardless of whether or not you have set up Sage 50 Accounting to calculate taxes for them.
Benefit (Que) Represents a Quebec-only benefit paid to an employee. Quebec benefits are reported only on Relevé 1 (RL-1) slips.
Reimbursement Represents an expense for which an employee is reimbursed, such as a car lease.

Note: The payroll incomes Overtime 1 & 2 can only be defined as Hourly or Differential. The Regular income cannot be changed from Hourly.