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Example of Banked Overtime Paycode in Canadian Payroll


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1. Here is how I have the BOT ‘banked pay code’ setup using a Paycode Applied by Units method. I also have the REG hourly income pay code attached.

[Asset 4019461]

2. Here is the employee ‘test2’ that I created to test with:

[Asset 4019462]

3. When I click the Control button on the Employee Maintenance window and I set the following:

[Asset 4019463]

4. Click the Paycodes tab and you will see below how I have the paycodes (REG, OT, and BOT) mapped to the employee:

[Asset 4019464]

5. Here are screenprints of each of these paycodes:

Hourly:  REG

[Asset 4019481]

Overtime code: OT

[Asset 4019466]

Banked Overtime: BOT

[Asset 4019467]

6. Now I created a batch called  13:  Make sure the batch type and pay periods per year match the employee.

[Asset 4019468]

7. Go into the Payroll Quick Entry – Canada window and key a 9 hour transaction for one day at a rate of 25.00 using the REG hourly income pay code.

[Asset 4019469]

8. Then go to Payroll Generate Overtime – Canada window and Generate Overtime for the batch:

[Asset 4019470]

9. Next go to the Payroll Calculate Batch – Canada window and Calculate the Payroll Batch:

[Asset 4019482]

10. Then go to Reports | Payroll-Canada | Transactions | Calculation Reports and click the Detail Advice Slips button and print to screen: (NOTE: The BOT banked overtime code has a 1.00 unit record at 37.50, so all of the overtime is banked)

[Asset 4019475]

11. Next go to Payroll Generate Cheques – Canada and click on Generate Cheques:

[Asset 4019483]

12. Then go to Payroll Create Poster – Canada and click to Create  Poster File:

[Asset 4019484]

13. Then go to Payroll Update Masters – Canada and Send Poster To G/L and Update Masters with Current Payroll Data.

[Asset 4019485]

14. Next, go to Cards | Payroll-Canada | Employee, pull up my TEST2 Employee ID, and then click the Banked button. In the Payroll Banked Display window, I will select ‘Overtime’ as the Banked Pay method. You should see the 1.00 unit entry against the BOT banked paycode:

[Asset 4019486]

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Article Info
Article ID : 2003424
Revision : 6
Created on : 4/10/2017
Published on : 4/10/2017
Exists online : False
Views : 244