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Hello, I am trying to make a ROE for an Employee who is going to start his parental leave. Quick books automatically brings me all " Insurable earnings " numbers on his ROE and that numbers are slightly different than his regular pay on his pay cheques. I have checked other former Employee's ROEs that are all same as their Pay cheques......
Is there any possibilities this happens? Thank you.
Hi there roslandscape,
It's vital that all your pay is entered correctly so that your books can be well balanced. QuickBooks Online Payroll is a great tool able to help you keep track of employees' pay so it can be used for various forms. I can provide some information about creating ROE.
An ROE includes Insurable earnings, which can be different from the total payroll. Some pay types are considered non-insurable, and this could be where there is a difference. For further information about insurable hours and earnings, you can check out the part of this article on the CRA's site under the Information about the insurable earnings and insurable hours subtitle. To see the supported pay types and deductions, you can view this article.
If you have any other questions, feel free to reach out here.
Thank you for your help!
I'm happy to help roslandscape. Have a great rest of the day and a wonderful weekend!
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