Vacation Pay - Active employee, NO time taken (just dollars $)

This vacation payout occurs most often with part-time employees. Employment Insurance only considers the dollars insurable, NOT hours, when vacation is taken as a lump sum with NO time taken.

Prerequisites

Use the procedure that follows when the situation meets all of the following criteria:

  • The employee is active.
  • The employee is receiving the entire accumulated vacation pay as no time taken.
  • The employee may or may not have other current pay on this payroll run.

Tasks

To pay out the entire vacation accumulator to an active employee who did not take time off:

  1. Click the Pay Period menu and click the Enter button for the pay period you want to work with.

  2. Open the Employee Timesheet page.Closed From the Payroll menu, select Regular Payment > Employee Timesheet.
  3. Select the employee from the Employee List.

  4. From the Applicable Period of Time list, select a period of time that reflects the number of weeks to which the current earnings apply.

    If there are no current earnings, select No time taken: Bonus Tax Method.

    The Applicable Period of Time controls the application of the CPP/QPP exemption. Because this vacation payout is NO time taken, the Applicable Period of Time applies only to current earnings, if any.

  5. Enter any current pay, if applicable.

  6. To request the payout of the vacation accumulator:

    1. From the Pay out entire accumulator list, select Yes.

    2. Leave the For which pay period? field blank.

  7. Click Save.