(US) Enter year-to-date (YTD) amounts

If you have paid a contractor in the calendar year, add the year-to-date (YTD) payroll amounts for accurate reporting.

1. Navigate to the contractor's Prior Payroll tab.

2. Was this Contractor paid this year?

• If you select "No", the employee's YTD wages and tax amounts will equal to 0.
• If you select "Yes", the option to add the last paystub issued will populate.

3. Click [+ Add last paystub issued]

1. Pay date — Use the calendar date picker to select the pay date.
2. Last day of the pay cycle — Use the calendar date picker to select the last day of the pay cycle.
   • Note:
     • No two payrolls can have the same payroll cycle end date.
     • If you selected a "Last day of the pay cycle" date that conflicts with a date that was previously established in payroll with Wagepoint, you may be prompted to submit a date that differs from your paystub information. Please know that making changes to the payroll cycle end date WILL NOT impact year-to-date or quarter-to-date reporting.
3. Earnings and hours — Enter the contractor's YTD earnings and hours information based on the last paystub issued.
   
   • Note:
     • Add additional income types if needed. By clicking [+ Add Additional Income], a modal will pop up to show income types that have already been set up at a company level. 
     • Hours — This section is dependent on Income types. If you do not wish to include hours information, please put 0.
4. Benefits and deductions — If you have already set up deduction types for your company, click [+ Add deductions] and select the deductions you'd like to account for. 
5.  Net pay — Enter the net pay as seen on the contractor's last paystub.
   
   • Wagepoint's system will automatically flag any errors in calculation to you. In the case that there is an error, a message will pop up indicating that the net pay does not match up to the entered values and propose a new total based on the values you provided.
     
     
     • If you click "No, I'll review" — No changes will be made and you will be taken back to the previous page. Be sure to review all of the entered values by checking against the employee's paystub and make any changes necessary. 
     • If you click "OK" — This indicates that you accept the updated amount.

6. Click "Save Paystub"

Terminated contractors

1. Be sure to also enter amounts for terminated contractors. The values you enter should be based on the last paystub issued to the contractor.
2. This information is required if you need a Form-1099 prepared. Note: minimum of two payrolls need to be processed within the calendar year for Wagepoint to prepare and submit W2 / 1099 forms on your behalf. See Terms of Use.