Re: [SL] Non-billable hours

[Jeff R. <je...@jr...>]

Hello

I have all my employees set up as vendors. I still deduct the proper 
taxes and such when I pay them I just put their wages on one line and 
select a wage expense account then on the next lines I enter negative 
amounts to deduct the pension, unemployment Insurance and taxes and 
choose liability accounts named "Payable". I end up with a a bottom line 
for the employee that I can print a cheque for and at remittance time I 
just print a report of the three liability accounts and pay whatever has 
accumulated there to the government.

Here's a typical employee "AP Transaction", you can add anything you 
want into it.

Amount 	
	Account 	Description
	
		
	
		
	
		
	
		
	
		
	
		
997.07 	
	
Notes 	
	Payroll


Jeff


Rich Shepard wrote:
> On Wed, 3 Jun 2009, Michael Hasse wrote:
>
>   
>> Another way to do it is treat them as contractors and set them up as
>> vendors.
>>     
>
> Michael,
>
>    Their accountant might not like that. Employment taxes and other issues
> suggest they ought to be consistently treated as employees with different
> remuneration types.
>
>    However, IANAA.
>
> Rich
>
>