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Combined leave - how do I accrue and change from vacation and sick to combined only?

QuickBooks Premier: 2009: Accountant
7/7/09 3:14 PM,   Viewed by asker 7/27/09 9:51 PM
Total Views: 347

My client offers paid time off for both vacation and sick, no differential for taking the time off. How do I show the combined leave? I see vacation separate from sick. Also, the accural of hours is based on the lenght of employment. The hours accured are set per pay period based on the length of service so I have different accrual amounts for different employees. How do I handle this situation?

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7/9/09 11:55 AM

In Edit menu > Preferences, Payroll & Employees, Company Preferences, Paystub and Voucher Printing button, you change the title of Vacation to be PTO (paid time off). I suggest using Vacation for PTO and leave sick pay in case they ever get into third-party sick pay contracts.

Rename (edit) the Vacation compensation payroll item(s) so the word Vacation isn't seen but use PTO instead. These payroll items are linked to the tracking function, you need to use them for this to work.

Set your employee defaults for "Vacation." Then, for each employee, on the Payroll & Compensation Info tab, Sick/Vacation button, refine it to meet the specific values.

You can read more about this in the Help system.

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