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Hello there, lpickering83.
Right now, QuickBooks Online provides three ways on how you can pay your employees. You can select either to categorised them as salaried employees, hourly workers, or commission type. Showing their daily pay rate isn't currently an option.
For hourly workers, the pay rate is their wages per hour. For salaried employees, the pay rate is usually calculated by month or year.
To set the employee's pay rate, you can change their Pay type to Salary in their profile.
Once done, you can now run payroll and the paycheck will display the total salary of the number of days that your employee worked.
In addition, you can pay your employees through a commission by indicating the amount when creating your employee's paycheck.
To learn how pay rates impact your profitability, kindly refer to this article for complete details: What are pay rates, cost rates, and billable rates?. It also contains instructions on how to effectively manage your pay rates in QuickBooks.
Please let me know if you have other concerns. I'm just around to help.
Hello there, lpickering83.
Right now, QuickBooks Online provides three ways on how you can pay your employees. You can select either to categorised them as salaried employees, hourly workers, or commission type. Showing their daily pay rate isn't currently an option.
For hourly workers, the pay rate is their wages per hour. For salaried employees, the pay rate is usually calculated by month or year.
To set the employee's pay rate, you can change their Pay type to Salary in their profile.
Once done, you can now run payroll and the paycheck will display the total salary of the number of days that your employee worked.
In addition, you can pay your employees through a commission by indicating the amount when creating your employee's paycheck.
To learn how pay rates impact your profitability, kindly refer to this article for complete details: What are pay rates, cost rates, and billable rates?. It also contains instructions on how to effectively manage your pay rates in QuickBooks.
Please let me know if you have other concerns. I'm just around to help.
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