Re: CAN entities Bonus Accrual

From
Hua Wu <hua.wu@thekey.com>
To
Chuck Leu <cleu@thekey.com>
CC
Timothy Thomas <tt@thekey.com>
Date
Tue, 18 Oct 2022 13:15:23 -0600
Folder
INBOX
Hi Chuck

Just want to double check something with you. Tim (cc'ed here) got the
approved Canadian Sep bonus amounts (to be paid in Oct) from Amabile
yesterday for the following.

- Caregiver recruiting incentive
- Care Solution Manager incentives
- Caregiver Ambassador incentive

I need to determine if any bonus accrual is needed for September. Corporate
Accounting already makes a monthly bonus accrual which is calculated as a %
of payroll.  I checked with our FP&A team, and Connor told me that I should
confirm with you whether that % includes the types of bonus listed above.
if it does, then I don't need to make additional accrual.

Thanks for your help.

Hua

*Hua Wu CA, CPA*
Accounting Manager - Canada
(403) 369-8848
hua.wu@thekey.com
TheKey.com <https://www.thekey.com/>



On Mon, Oct 17, 2022 at 12:48 PM Helen Liu <hliu@thekey.com> wrote:

> @Connor Smith <connor@thekey.com>
> Adding Connor - please advise if we built any of the below incentives for
> Field into the 3+9 forecast
>
> On Mon, Oct 17, 2022 at 8:19 AM Lyndsey Organ <lyndsey.organ@thekey.com>
> wrote:
>
>> Hi Hua,
>>
>> I'm copying Helen on this as we receive the numbers from her. Not sure if
>> we need Chuck's input but thought we'd start with Helen first :)
>>
>>
>> *Thank you!*
>>
>>
>> *Lyndsey Organ*
>>
>> *Accounting Manager*
>> 316.253.6494
>> Wichita, KS
>>
>> TheKey.com
>>
>> [image: TheKey] <https://homecareassistance.com/>
>>
>>
>>
>> On Mon, Oct 17, 2022 at 9:46 AM Hua Wu <hua.wu@thekey.com> wrote:
>>
>>> Hi Natalie and Lyndsey
>>>
>>> I just want to double check if the bonus and commission accrual that
>>> Corporate is record (directly in NS every month for the CAN entities)
>>> include any of the following:
>>>
>>> - Caregiver recruiting incentive
>>> - Care Solution Manager incentives
>>> - Caregiver Ambassador incentive
>>>
>>> Tim got the ok for the Sep bonus for the above this morning, and they
>>> will be paid out by the Canadian locations in Oct.  I'm wondering if I need
>>> to accrue those for Sep but I don't want to be double counting if Corporate
>>> has already included those in the monthly accrual.
>>>
>>> Thanks.
>>>
>>> Hua
>>>
>>> *Hua Wu CA, CPA*
>>> Accounting Manager - Canada
>>> (403) 369-8848
>>> hua.wu@thekey.com
>>> TheKey.com <https://www.thekey.com/>
>>> [image: TheKey] <https://homecareassistance.com/>
>>>
>>

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