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Calculating gross salary

To calculate the gross salary for the employee's paycheck, QuickBooks divides the annual salary by the number of pay periods in one year. The gross salary is always the same, no matter how many hours the employee works.

Example

  • Annual salary: $40,000

  • Pay periods per year: 26 (biweekly)

  • Gross salary: $1538.46 ($40,000 divided by 26)

KB ID# H_PAY_ENTERWAGE_EMP_CALC_GROSS_SALARY
12/2/2016 4:22:53 PM
QYPPRDQBKSWS05 9138 Pro 2017 8cdb9d