cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Everything you need to know about banking in QuickBooks Online - Discover more
crucru333
Level 1

Basic payroll

Have executive employee that takes a set net amount for payroll once a month.  How do I get the basic payroll program to calculate the gross amount less taxes to reach the goal net amount?

 

1 REPLY 1
MirriamM
Moderator

Basic payroll

Thanks for your interest in using QuickBooks Desktop payroll, @crucru333.

 

The Desktop Payroll will no longer be available through QuickBooks UK Desktop from 6 April 2020. It's our primary concern to help you pay your employees, so we've launched a payroll product that's simple, easy to use and best in class which is the QuickBooks Online Payroll. You may wish to consider using QuickBooks Online with Advanced Payroll.

 

You can see below articles for more information:

As for your concern in calculating the gross amount less the taxes to reach the goal net amount, you can do manual calculations. You can write a cheque to record it as an expense on your payroll account. You may also contact your accountant for guidance for the correct account to use. 

 

To write a cheque, here's how:

  1. Go to the Banking menu at the top. 
  2. Choose Write Cheques
  3. Choose the Bank Account from where you post the actual payments.
  4. Set the date of the transaction.
  5. Enter the name of the Payee from the Pay to the Order of field.
  6. Go to the Expense tab.
  7. Enter the expense transaction details and select the account created. 
  8. Click Save and Close. 

For more details about this process, see this article: Create, modify, and print cheques.

 

If you have additional questions, feel free to leave a comment below. I'll keep my eyes on this post. Take care, and enjoy your day ahead.

Need to get in touch?

Contact us