QuickBooks Online Payroll Update – New Net to Gross Calculator

Take the guesswork out of your calculations. The new Net to Gross Calculator means no more manual data entry, just faster and accurate calculations.

The purpose of the Net to Gross Calculator is to automatically calculate what the equivalent gross amount should be based off a desired net amount. This calculation looks at an employee’s pay frequency, tax scale and any other earnings to be processed in that pay run.

The Net to Gross Calculator is available as an action within the pay run. Click on an employee’s name to expand their pay details, click on “Actions” and then “Calculate Gross Payment from Net”:

 

You can read more about it and find further instructions here.

Leave a Reply

Your email address will not be published. Required fields are marked *