| QuickBooks enables you to track allowable sick time and vacation time for your employees. You can keep track of the amount of time to which each employee is entitled, the amount of time each employee actually uses, and the expiration or carryover of that time. Set Up Sick Benefits - Follow steps 15 of the task "Set Up Federal Payroll Tax Information" on page 34.
- Click the Sick/Vacation button.
- Enter the number of hours of sick time available to this employee as of the beginning of the current year.
- Enter the number of hours of sick time the employee has used so far this year.
- Enter the method your company uses for accruing sick timeis it an annual accrual, a per paycheck accrual, or a per pay hour accrual?
- Based on your choice in the previous step, enter the amount of sick time accrued for each accrual period.
- Enter the maximum number of hours of sick time that can be made available to this employee.
- Check Reset Hours Each New Year if the sick time accrual is to be reset to zero at the beginning of each year.
Set Up Vacation Benefits - Enter the number of vacation hours available to this employee at the beginning of the current year.
- Enter the number of vacation hours this employee has used so far this year.
- Enter the method your company uses for accruing vacation time.
- Based on your choice in the previous step, enter the amount of vacation time accrued for each accrual period.
- Enter the maximum number of vacation hours your company allows an employee to accrue.
- Check Reset Hours Each New Year if the vacation time accrual is to be reset to 0 at the beginning of each year.
- Click OK.
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