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Level 1

Calculating Hourly pay correctly

I was told that when entering hours in Intuit Online to enter minutes as a decimal, ie. employee works 18 hours and 20 minutes enter as 18.20. It doesn't appear that the pay is being calculated correctly, that the pay is being calculated as a decimal instead of minutes. Has anyone else experienced this? Should I be entering the pay as a decimal? So instead of entering 18.20 I would enter 18.33 converting the 20 minutes to a decimal? Thank you for your help!

3 Comments
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QuickBooks Team

Calculating Hourly pay correctly

I'm here to shed a light on this, luitree.

 

When we enter the hours worked of your employee in the paycheck, we'll have to take note that we need to convert first the minutes into decimal. This way, Intuit Online Payroll will be able to calculate the pay accurately.

 

Example: One of your employees worked for 10 hours and 30 minutes and has an hourly rate of $10. Instead of directly entering 10.30 in the Hours field, we'll have to convert first the 30 minutes into decimal which is .50. Then, we can now enter 10.50 for the total hours. By doing this process, the program would yield $105 for the total pay.

 

I've included an article that will guide you in paying your employees: Create paychecks in online payroll.

 

If you want to track your payroll activities in these past months/years, you can refer to this link in viewing and printing payroll reports.

 

Should you need additional help in managing your paychecks in Intuit Online Payroll, you can always find me here. Assistance is just one post away.

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Level 4

Calculating Hourly pay correctly

Think of the time from 1 to 100  instead of 1 to 60 minutes.  15 minutes is .25, 30 min is .50, 45 min is .75.  Then break down odd minutes in between.  If you enter 30 minutes it is akin to them working like 20 minutes not half an hour.

 

Hope that makes sense

Highlighted
Level 1

Calculating Hourly pay correctly

I find it incredibly hard to conceive that being the leader in accounting and payroll that Intuit Quickbooks is that we can not toggle the decimal calculation to an hourly calculation with the click of a button.  I just want to make sure that i can not "set" QB to understand that i would like the calculation to read minutes rather than having to print up a conversion sheet and manually covert every employees time.  

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