Default Earnings are automatically set up in our system for your company and will always be available for you to use when processing payroll. The Default Earnings Types include:
Regular Hourly Earnings
Compensation paid at the employee's per hour rate for services performed, fully taxable. Paid through "Regular Hours" for "Hourly Employees" on the Payroll Entry screen.
Regular Salary Earnings
Fixed compensation paid at the employee's salary per period rate for services performed, fully taxable. Paid through "Regular Dollars" for "Salaried Employees" on the Payroll Entry screen.
Overtime Earnings
Earnings paid at the overtime rate for hours worked beyond the employees regular schedule.
Other Hours
Fully-taxable employee compensation paid at the employee's Other Rate (hourly rate), fully taxable. Paid through "Other Hours" on the Payroll Entry Screen.
Regular 1099 Earnings
Payment to independent or sub-contractors for services performed, non-employee compensation not subject to payroll taxes. No deductions can be taken from 1099 earnings. Paid through "Regular Hours" for "Hourly Employees" or "Regular Dollars" for "Salaried Employees" on the Payroll Entry screen.