There are two ways to recover a payroll advance: You can let Sage 100 Contractor deduct as much as possible each pay period until the advance has been recovered, or you can deduct a flat amount each pay period.
Sage 100 Contractor automatically deducts the balance due from the employee’s net paycheck. If the balance due exceeds the net amount of the paycheck, Sage 100 Contractor deducts the net paycheck. When you print checks, Sage 100 Contractor prints a $0 paycheck for the employee.
When Sage 100 Contractor recovers a portion of the advance, it adjusts the balance of the payroll advance due your company. Sage 100 Contractor attempts to deduct the balance due each pay period until it recovers the full amount of the advance.
You can control the maximum amount deducted from an employee’s paycheck. When Sage 100 Contractor recovers a portion of the advance, it adjusts the balance of the payroll advance due your company. Sage 100 Contractor deducts the amount each pay period until it recovers the full amount of the advance.
| 1 | Open 5-2-1 Employees. |
| 2 | Using the data control, select the employee. |
| 3 | Click the Calculations tab. |
| 4 | In the Rate text box of the Payroll Advance row, enter the amount to deduct. |
| 5 | On the File menu, click Save. |
Tip: You can view the balance of the payroll advance due your company in the Compensation tab in the Advances Due text box.
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For additional online resources for Sage 100 Contractor products, visit the Sage Customer Portal. Use the portal to access the knowledgebase, chat online with customer support, or enter a customer support ticket.
For additional training on Sage products, visit Sage University.