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jennrobe
Level 2

Paid Time Off List (report)

Employees can use up to 40 hours of sick time per year, but can accrue up to 80 hours and roll it over year to year.  We pull the Paid Time Off Report each time we process payroll to see what is available and how much they have used.  

 

I pulled the Paid Time Off report today 1/3/24 and it is still showing what was used from 2023.  We are running payroll to be paid 1/10/24 for the hours worked 12/16/23-12/31/23.  Will the sick hours we pay show up as used in 2023 or 2024?  

1 Comment 1
Adrian_A
Moderator

Paid Time Off List (report)

Hello jennrobe,

 

I'm here to enlighten you on how QuickBooks reflects your employee's hours.

 

QuickBooks is in compliance with the IRS rules. Thus, we will base it on the paycheck date. Any wages and hours paid in January will be included in the new year's wage for tax deposit and reporting purposes. 

 

With this, the sick hours you'll pay for the pay date of 01/03/2024 will show up in the year 2024.

 

Moreover, you can pin this article anytime you need help in personalizing your reports: Customize reports.

 

Let me know if there's anything that I can help in tracking employee's hours.

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