Salary QuickBooks calculates salary by using the rate shown in the Earnings
section. running payroll, paychecks, adjusting, paychecks, editing and previewing, preview paychecks, . The rate is determined by the salary payroll item and the pay period
setup in the employee record. | Additions QuickBooks calculates additions by using the rate shown in the Other Payroll
Items section and (depending on how the payroll item was set up) gross wages,
net pay, or quantity. |
Hourly wages QuickBooks calculates hourly wages by using the rate and hours shown in the
Earnings section. | Deductions QuickBooks calculates deductions by using the rate shown in the Other
Payroll Items section and (depending on how the payroll item was set up) gross
wages, net pay, or quantity. To enter a credit for a deduction item, delete the minus sign and enter the
amount of the credit. |
Commissions/Piece work QuickBooks calculates commissions and piece work by multiplying the rate by
the quantity shown in the Earnings table. | All federal taxes withheld QuickBooks calculates federal withholding taxes by using payroll updates and
the information on the Federal
tab of the employee's Taxes window. |
Sick salary QuickBooks calculates sick salary by prorating the employee's salary for
the pay period. running payroll, paychecks, adjusting, paychecks, editing and previewing, preview paychecks, . For example, if the employee's salary is $2,000.00 and the
employee was sick for 20 hours out of an 80-hour pay period, QuickBooks
calculates the regular salary as $1,500.00 ($2,000.00 X 60/80) and the sick
salary as $500.00 ($2,000.00 X 20/80). | State income tax withheld QuickBooks calculates state income tax withholding by using payroll updates
and the information on the State
tab of the employee's Taxes window. |
Vacation salary QuickBooks calculates vacation salary by prorating the employee's salary
for the pay period. running payroll, paychecks, adjusting, paychecks, editing and previewing, preview paychecks, . For example, if the employee's salary is $2,000.00 and
the employee was on vacation for 32 hours out of an 80-hour pay period,
QuickBooks calculates the regular salary as $1,200.00 ($2,000.00 X 48/80) and
the vacation salary as $800.00 ($2,000.00 X 32/80). | State unemployment insurance withheld QuickBooks calculates state unemployment insurance withholding by using
payroll updates, the rate specified in the state unemployment payroll item, and
the information on the State
tab of the employee's Taxes window. |
Sick hourly rate QuickBooks calculates sick wages by multiplying the rate by the number of hours shown in the Earnings section. | State disability insurance withheld QuickBooks calculates state disability insurance withholding by using
payroll updates, the rate specified in the state disability payroll item, and
the information on the State
tab of the employee's Taxes window. |
Vacation hourly rate QuickBooks calculates vacation wages by using the rate and number of hours
shown in the Earnings section. | Other income taxes withheld QuickBooks calculates other taxes by using payroll updates, the rate and
limit specified in the other tax payroll item (for user-defined taxes), and the
information on the Other
tab of the employee's Taxes window. |
Bonuses Bonuses display in the Earnings section. running payroll, paychecks, adjusting, paychecks, editing and previewing, preview paychecks, . You can enter a bonus amount in the
employee's record or in the Earnings section in this window. running payroll, paychecks, adjusting, paychecks, editing and previewing, preview paychecks, . If this is a one-time or annual bonus, write a bonus check using Unscheduled Payroll. | |