QuickBooks Payroll: Paying Employees for Supplemental Sick Leave (FFCRA)
The Coronavirus/COVID-19 pandemic has affected every business owner I know. Whether directly or indirectly, no one has come through this situation completely unchanged. Some manufacturers have changed course and are manufacturing medical supplies. Some are losing projects or business until the shutdown is over. Logistics companies are simultaneously working with fewer staff in some cases, but many more truck loads to deliver. No one has been unchanged, especially in the verticals we work with.
That being said, QuickBooks has incorporated the Supplemental Sick Leave requirements into the payroll products.
Four new pay items are now in your payroll module. According to QuickBooks Payroll, “[Current Updates have] been announced through the Payroll Overview page, Employee tab, a critical alert in product and via email...These pay items allow employers to track paid sick leave or paid family time off for employees impacted by the virus. Employers will also get a tax credit for the amount of sick or leave time paid and health care premiums paid to employees while on sick leave.”
Let us know if you need help with the technical Q&A on how to reach these payroll items. For questions about FFCRA for non-clients, check with your accountant, tax or legal professional. More information can be found at the link below:
