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steve-allroadsin
Level 1

I am an owner and get a salary, quickboks automatically deducts EI premiums when i run payroll, is there a way to delete this from my pay stubs?

 
2 Comments 2
JamesM
QuickBooks Team

I am an owner and get a salary, quickboks automatically deducts EI premiums when i run payroll, is there a way to delete this from my pay stubs?

Hi there,

 

Since this is your first post in the Community, I'd like to give you a warm welcome. 

 

While you can remove a deduction in the Employee's setup, it will remain in the deduction list if the deduction was used before. Since you can't fully remove it from the list, you can edit the deduction name as "not in use." Or make up your own description.

 

Here's how:

  1. Select Employees
  2. Select the name of the employee.
  3. Under Employee details, select edit (pencil) icon beside Pay.
  4. Select edit (pencil) icon next to the deduction item.
  5. Select the trash bin icon beside the deduction item. Then select Yes to confirm deletion.

Give this a try and if you need further assistance, don't hesitate to reach out to our support team using this link here

userfali
Level 3

I am an owner and get a salary, quickboks automatically deducts EI premiums when i run payroll, is there a way to delete this from my pay stubs?

Hell All
Once again I need help. I need to set up company's owner into payroll system-
Company business structure is LTD/private limited company. Owner has decided to pay himself regularly.
The owner was in different payroll system within the company meaning under anther intercompany payroll system. So he has received salary in 2021. Few things I need to know.

1. Do I need to bring his YTD to balance into QuickBooks OR the payroll system (ADP can issue T4 for him?)
2. EI- He will not pay, from the above information I know how to stop EI deduction - will try that.
3. He does not have Vacation accrued. But if I would like to set up - I think it be the same process just like regular employees.
4. Does QuickBooks will automatically STOP deducting CPP when he maxed out - the 2021 threshold?
5. No Group insurance, no other deductions.
6. He is 61, does QuickBooks will automatically stop deducting CPP when he reaches 65 (if he choose not to contribute a more CPP)
7. One thing if he chooses not take vacation - what is the process of stop the Vacation Accrual in QuickBooks payroll system (4% accrual is auto set up)
So, what is the process of adding this owner into QuickBooks payroll system? Is it the same like regular salary employees?

 

Thanks 

Farzana 

 

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