QuickBooks Tips & Tricks – Sick and Vacation Accruals
QuickBooks Tips and Tricks – Sick and Vacation Accruals
QuickBooks payroll processing can be set up to accrue vacation and sick time by the pay period, by the hour, or at the beginning of the year. When paying the vacation or sick time, confirm that the hourly payroll item has been set up as vacation hourly or sick hour. If this is not done, the accrual will not be adjusted as the hours are paid.
For employees paid as salary but vacation and sick are accrued hourly, create the sick and vacation items and adjust the salary for the pay periods when the sick or vacation time is paid.
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