cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Created with Sketch. Have questions about what to do to prepare for tax time? Our year-end hub will walk you through the process.
Created with Sketch. Find out how to upgrade your subscription, manage your password, view account fees, request a refund, and much more on our account management page.
sharlene_ward
Level 1

How does Wagepoint calculate holiday pay. The amounts don't seem to be correct. People working similar hours with same hourly rate the amounts are not close.

 
1 Comment 1
LauraAB
QuickBooks Team

How does Wagepoint calculate holiday pay. The amounts don't seem to be correct. People working similar hours with same hourly rate the amounts are not close.

Hi there sharlene_ward,

 

It sounds like you have a sharp eye for detail, and I'm glad to see you're verifying wages calculated for your employees while using Advanced Payroll powered by Wagepoint with QuickBooks Online. Having a sense of how it works is a big part of feeling confident in using it, so I'd be happy to go over this with you.

 

One of the main selling points for Advanced Payroll is the automation the program offers, which includes automating stat holiday pay. The first step in this process is always making sure you have the holidays set up correctly in the program. I have an article here that walks you through how to do that: QuickBooks Online Advanced Payroll: Statutory Holidays

 

When those are set up, the program then runs calculations based on the previous four weeks of data run through the program and the provincial requirements for stat holidays. The provincial requirements are set by the work location assigned to the employee. So if the employee works in Ontario, the program would calculate based on Ontario's stat holiday pay requirements.

 

The previous four weeks of data run through Payroll is an important aspect to pay attention to. If the one employee has less data than the other, that could be contributing to the difference you're seeing. It's also important to note that year-to-date totals completed during the initial setup process don't count toward this calculation.

 

If you'd like to go over this in more detail with a member of our support team just to make sure things are okay or to get help with any corrections you feel may need to be done, feel free to get in touch. Using one of the following methods will give us the opportunity to securely review the data you've entered into Payroll to ensure that the program is working as it should.

 

Schedule a Callback or start a Chat: click (?)Help in the upper right > type and enter "Contact support" into the QB Assistant > click Contact Us > explain your situation > click Let's Talk > choose Get a callback or Start a Chat. Support is available from Monday to Friday between 9 a.m. and 8 p.m. ET.

Social MediaFacebookTwitter, and Instagram.

 

For your reference as well, here are some details about upcoming changes to the Advanced Payroll module: QuickBooks Online Advanced Payroll to Wagepoint

 

Have a great weekend!

Need to get in touch?

Contact us