Payroll fields are to your employee records what accounts are to your general ledger. Payroll fields are holding areas for any information that gets updated by a payroll cycle. All the various payroll taxes that your company or your employees pay must be defined as payroll fields. Payroll deductions, allowances, and additions (for adjusted gross amounts) are defined in the Payroll Setup Wizard and Employee Defaults.
Sage 50 uses these payroll fields for various purposes:
You must subscribe to a Sage Business Care plan for payroll fields to be calculated within Sage 50. If you don't subscribe, you can still set up your payroll fields so you can enter the information on paychecks and have a record of the deductions.
While many of the payroll fields you need are set up for you through the Payroll Setup Wizard, Sage 50 offers a powerful method of creating unique fields to track information specific to your business. Tell me more about setting up common payroll deductions.