Reference no: EM133162390

ACC 2368 Accounting Career Projects

1. Enter the following employee information and use the linked payroll accounts.

The employer pays medical premiums for employees (user-defined expense and employee benefit).

Dyes has her tuition paid as a taxable benefit. Both employees have 100% of their paycheques deposited directly to their bank accounts.
Painter has just been hired so there is no historical data for her.

Set up job categories.
Create two job categories named Sales and Other.
Persons in the Sales category are salespersons. Persons in the Other category are not salespersons.
Assign the employee Painter to the Sales category. Assign the employee Dyes to the Other category.
Select Carmine Painter as the salesperson for all sales.

2 Back up your work.
Continue with the original working copy, BODY.SAI.

Memo #2 Dated April 8, 2022
Pay hourly employee Magenta Dyes for 35 hours regular work.
Recover $50 advance. Dyes should be paid for serving 10 clients (Number of clients piece rate pay).
Allocate 30% of payroll expenses to Sales and 70% to Service. Issue a deposit slip: #68.
Hints: Use Payroll cheque run. Accept: Payroll Tables are out of date

Memo #4 Dated April 15, 2022
Pay hourly employee Magenta Dyes for 35 hours regular work. Recover $50 advance.
Dyes took one day sick leave during the week. Dyes should be paid for serving 11 clients (No. Clients piece rate pay). Issue deposit slip #69. Allocate 40% of payroll expenses to Sales and 60% to Service. Ignore messages.

Memo #5 Dated April 15, 2022
Pay salaried employee Carmine Painter $2 200, which is her regular bi-monthly salary. Calculate and include the sales commission for Painter. Painter took one day sick leave during the pay period (allow negative days to accrue). Issue the deposit slip: #70. Allocate 30% of payroll expenses to Sales and 70% to Service. Note: Record hours worked per pay period.

Memo #7 Dated April 15, 2022
Make payroll tax remittance to the Receiver General for the pay periods ending April 15, 2022. Include remittance for income tax, EI and CPP. Issue cheque #434.
Creating payroll remittance:
1. Select Payables, Suppliers, Add Supplier and create the Receiver General record:

2. Click on Setup, Settings, and then Payroll Remittance.
Now click on the magnifying icon in the Remittance Vendor column to link EI, CPP and Tax to the Receiver General.
Select Receiver General and enter the Remittance Frequency and End of Next Remitting Period.
Click OK to save the data.

3. Print and submit the following reports in an Excel file with each report on a separate spreadsheet:

1. Employee Summary Report for all employees
2. Payroll transactions for Period ending April 15, 2022
3. Payroll Deductions and Expense Summary
4. Remittance summary reports - Income taxes; CPP; EI; EHT; WSIB
5. Formatting (5%)

Attachment:- Accounting Career Projects.rar