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Salary/Bonus missing with private company
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Victoria Raverna RJ: Victoria Raverna CO: Victoria Raverna Post Rating: 0 + / - Total Posts: 107 Karma: 43 Joined: Apr 11, 2012 |
Posted on Apr 23, 2012 There is a bug with the salary and bonus for private companies where you're the owner and ceo. It deducted the amount from the company account but didn't deposit it to the personal account.
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Scott (Admin) RJ: Ratan Joyce CO: Ratan Joyce Post Rating: 0 + / - Total Posts: 1175 Karma: 5083 Joined: Jan 13, 2012 |
Posted on Apr 23, 2012 Thanks! No wonder it ran so smoothly today.
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Victoria Raverna RJ: Victoria Raverna CO: Victoria Raverna Post Rating: 0 + / - Total Posts: 107 Karma: 43 Joined: Apr 11, 2012 |
Posted on Apr 23, 2012 Ok. Now I receive the salary and bonus. Is there a tax on the bonus?The amount that I received: Salary $1,000,000.00 Bonus $16,685,588.94 But in the Revenue Sheet: Executive Pay $18.1 M |
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Scott (Admin) RJ: Ratan Joyce CO: Ratan Joyce Post Rating: 0 + / - Total Posts: 1175 Karma: 5083 Joined: Jan 13, 2012 |
Posted on Apr 23, 2012 It's caused by a simple "executive pay deducted from net gains and therefore leading to lower executive bonus problem", but yes, please think of it as a small tax :-)
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Maximus Meridius RJ: Tokek CO: Marcel T Post Rating: 0 + / - Total Posts: 2 Karma: 10 Joined: Apr 18, 2012 |
Posted on Apr 23, 2012 I changed my salary before the correction was made and now I got the changed amount.Prior to the fix, my CEO salary was 1M, which was deducted on the revenue sheet but I lowered it to 100k and that's what was deposited in my personal account. Executive Pay $1.00 M Apr 23, 2012 12:48 AM You have received $100,000.00 in salary and $0.00 in bonus from Yummy in my Tummy Co. as payment for your services. |
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Scott (Admin) RJ: Ratan Joyce CO: Ratan Joyce Post Rating: 0 + / - Total Posts: 1175 Karma: 5083 Joined: Jan 13, 2012 |
Posted on Apr 23, 2012 Since I'm feeling pretty good now about being somewhat on schedule, I'll add it back for you.
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Victoria Raverna RJ: Victoria Raverna CO: Victoria Raverna Post Rating: 0 + / - Total Posts: 107 Karma: 43 Joined: Apr 11, 2012 |
Posted on Apr 23, 2012 (Last edited on Apr 23, 2012) Does that mean if someone set the salary and bonus to 0 before the daily calculation and then raise it to maximum after it but before the fix, he got extra money in personal account without deducting it from the company?So Scott, do you know if anyone managed to get that free bonus? :) |
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Maximus Meridius RJ: Tokek CO: Marcel T Post Rating: 0 + / - Total Posts: 2 Karma: 10 Joined: Apr 18, 2012 |
Posted on Apr 23, 2012 Thanks!
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Scott (Admin) RJ: Ratan Joyce CO: Ratan Joyce Post Rating: 0 + / - Total Posts: 1175 Karma: 5083 Joined: Jan 13, 2012 |
Posted on Apr 23, 2012 Does that mean if someone set the salary and bonus to 0 before the daily calculation and then raise it to maximum after it but before the fix, he got extra money in personal account without deducting it from the company?Yes. So Scott, do you know if anyone managed to get that free bonus? :) If he/she was online at the time, read the forums, and then read my mind, I think he/she deserves the small bonus - but as we all know salaries are not significant since they can only be at most the lesser of $1 million or 1% of the company's networth. |
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