Level 1

Lump sum retro pay for a salaried employee

How do I add a lump sum retro pay for a salaried employee? He was given a raise on Feb 29 which was retro to Jan 1. I just found out today so paid him for March at the new rate but didn't provide the retro amount yet.

Level 7

Employees & Payroll

Hey bonnie-eadle,

 

I'm glad to see you're taking an active approach to recording payroll accurately! It's a simple habit which will save you a lot of time next tax season by unlocking the power of QuickBooks to produce T4s. For assistance recording a retroactive pay for prior periods, please choose from the following methods to contact our payroll expert team.

 

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Hope this helps!