About prebuilt standard payroll calculations

Sage 100 Contractor comes with a set of standard payroll calculations. We recommend that you use these standard payroll calculations as a starting point.

You can use the prebuilt standard calculations only for a new company that does not already have the calculations set up. It is important to review and modify the standard calculations after you set them up to ensure they meet your regional requirements.

Sage 100 Contractor creates the following calculations:

• Canada Pension Plan (CPP)—Employee
• Employee Insurance (EI)—Employee
• Federal Income Tax—Employee
• Provincial Tax
• Canada Pension Plan (CPP)—Employer
• Employee Insurance (EI)—Employer
• Per Diem
• Advances
• Workers’ Compensation