Go to the Employees/Payroll screen, and click edit beside the employee's name. From there, go to the income types tab, and create the new pay type "OverTime". You'll enter an hourly rate, and it'll ask you to add it to every pay check or just the next one and the number of hours. Say every pay check and put 0 hours in for this one. When reviewing your payroll prior to it being paid out simply update per employee the number of hours associated with overtime/double time.
Because this is a different pay type, you'll want to enter the amount as the total amount (regular hourly + overtime premium) instead of the usual all hours * regular pay + overtime hours * overtime premium.
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