Employees > Payroll > Process a Paycheque

Process a Paycheque

To process a paycheque:

  1. Open the Paycheques window.
  2. If you subscribe to a service plan that includes payroll, ensure that the Calculate Taxes Automatically toolbar button is selected, so that the program calculates tax deductions automatically.
  3. In the Paid From box, select the bank account from which the paycheque will be paid out.
  4. In the Employee box, select an employee from the list and press the Tab key. If you have not yet added a record for the employee, you can add one "on the fly".
  5. In the Cheque Number, Cheque Date, Period End Date, and Period End Date boxes, make changes if necessary.
  6. Also if you want to issue paycheques in the next fiscal year or calendar year, you must have a service plan that includes payroll and turn on the option Allow transactions in the future. (Sage 50 Premium Accounting)

  7. If necessary, on the following tabs, you can add or modify the information reported in the paycheques:
  8. (Optional) To add a note or memo in this paycheque, on the Paycheque menu choose Enter Additional Information, and enter your note or memo.
  9. (Optional) Allocate the paycheque amount to:
  10. Project. Allocate revenues and expenses to a project.
  11. Department(s). Allocate individual payroll accounts to one or more departments if you are using employee departments for payroll. (Sage 50 Premium Accounting)
  12. (Optional) If you use a custom Sage 50 Form for payroll cheques and want to preview the cheque before printing it, click .
  13. To print the cheque, click .
  14. (Optional) To email a direct deposit stub to an employee who is set up for direct deposits, click .
  15. Click Process.