Qualified Overtime Tracking Correction

Yes, we can absolutely make a correction to the qualified overtime amount. To do this, we just need to calculate the missing amount, ensure tracking is active, and update the past paychecks.

Follow the steps below:

Calculate the missing amount

Total up their overtime hours worked during the gap, and divide their regular hourly rate by 2.

• Formula: 10 hours $\times$ $10 (half of a $20 rate) = $100

Next, ensure tracking is Active

1. Go to Payroll > Employees and click the employee's name.
2. Under Pay Types, click Edit.
3. Check the box for Qualified OT Tracking and click Save.

Lastly, update the past paychecks.

1. Go to Payroll > Employees and select the employee.
2. Click Pay History, choose the past paycheck, and click Edit.
3. Type the missing tracking amount directly into the Qualified OT Tracking field and hit Save.

There's a brief gap in the system's data because the tracking wasn't turned on right at the start of the tax year. However, this does not affect your employees' actual paychecks, bank transfers, or payroll taxes since this is just a tracking item used for reporting.

Let us know if you have further questions or concerns.