Available in Sage 50 Premium Accounting and higher.
To enter the compensation history for an employee record, select the Raise History button on the Pay Info tab of the Maintain Employees/Sales Reps window. The Raise History window appears. The Raise History window allows you to view, add, edit, and delete compensation information for the selected employee.
You can enter compensation information for each employee and edit it at any time—it does not affect the employee's pay rate. The Raise History window is for informational purposes only. To make the pay rate effective on actual payroll calculations, rate changes must be entered on the Pay Info tab.
The toolbar at the top of the window contains the following buttons: Cancel, OK, Row, and Help.
Raise Date: Enter or select the date of the pay raise. You can enter the date manually, or choose a date by clicking the calendar button. (The calendar appears when you place your cursor in the Raise Date field.)
Applicable Rate: From the drop-down list, select the pay rate to which you want to apply the raise. (For example, Regular or Overtime pay.)
Note: The Applicable Rate drop-down list includes pay rates that have associated general ledger accounts, and pay rates that have previously been used in the Raise History table.
Base Amount: When you choose a pay rate from the Applicable Rate drop-down list, its associated rate appears in the Base Amount field. The Base Amount is then combined with the amount of the raise to calculate the New Amount.
Raise Amount: You can enter a specific amount for the raise in the Raise Amount field.
Note: If you enter the employee's raise as a percentage instead, the amount will still be calculated and will appear in the Raise Amount field.
Raise Percentage: You can enter a specific percentage for the raise in the Raise Percentage field.
Note: If you enter the employee's raise as an amount instead, the percentage will still be calculated and will appear in the Raise Percentage field.
New Amount: After selecting the applicable rate and entering the amount or percentage of the raise, the total of the base amount plus the raise appears in the New Amount field.