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question 16 of 25. in sage 50, what are payroll loans used for? (select…

Question

question 16 of 25.
in sage 50, what are payroll loans used for? (select all that apply) (id: l2pl01024)

  • to advance monies on a one - time or non - regular basis
  • to advance money to an employee when you process a paycheque
  • to increase the gross pay on paycheques
  • to make sure source deductions are charged on the advanced money
  • mark for follow up

question 17 of 25.
from the list below, what are the two solutions for processing payments, direct deposits and pre - authorized debits, with sage 50? (id: l2pl01046)

  • sage 50 eft direct and paya
  • sage direct payments and sage 50 eft direct
  • sage direct payments and paya
  • paya and billing boss
  • mark for follow up

Explanation:

Response
Question 16
Brief Explanations

In Sage 50, payroll loans are used to advance monies on a one - time or non - regular basis, to advance money to an employee when processing a paycheque, and to ensure source deductions are charged on the advanced money. Increasing gross pay is not a purpose of payroll loans, and "Mark for follow up" is not a use of payroll loans.

Brief Explanations

For processing payments, direct deposits and pre - authorized debits in Sage 50, the two solutions are Sage 50 EFT Direct and Paya.

Answer:

  • To advance monies on a one - time or non - regular basis
  • To advance money to an employee when you process a paycheque
  • To make sure source deductions are charged on the advanced money
Question 17