Available in Sage 50 Premium Accounting and higher.
Time and Billing — Payroll Reports
The Time, Billing and Payroll report shows billing and payroll information for all or selected employees, activities or incomes, for the dates you specify. The information is accumulated from time slip entries.
The report includes information such as:
- Information that you entered in time slips (actual time; payroll time, billable time, billable amount). The payroll time shown on the report does not include income that you defined as non-payroll.
- Payroll %. Calculated as [ Payroll Time / Actual Time ].
- Billable %. Calculated as [ Billable Time / Actual Time ].
- Payroll Expense. Calculated as [ Payroll Time x The rate specified for the payroll income ]. The rate is from the employee’s record.
- Productivity Ratio. Shows the payroll expense relative to the billable amount, as a percentage [ Billable Amount / Payroll Expense ].
- Invoiced Amount. The amount entered on the invoice [ Billable Amount + Written Up or Down Amount ]. The Written Up or Down Amount is shown on the Time and Billing report, described previously.
- Effective Productivity Ratio. Shows the payroll expense relative to the invoiced amount, as a percentage [ Invoiced Amount / Payroll Expense ].
You can also use the Payroll Time Slip to track employee activities for payroll purposes.