How can a per pay salary amount be corrected? qb is calculating based on 26 rather than 27 pays for 2021, is anyone else having this issue?

Since my first payroll in 2021 will he the 8th I have no problem. Biweekly starting on 8th is 26 pays. Starting the 1st, yes it would be 27 BUT unless you are issuing paper checks or employees can wait until the 4th it it impossible to have payroll on this coming Friday 1/1, in fact you have been instructed for the past month of the need to run payroll such that payday is the 31st, which happens to be 2020.

In any event, just like with hourly employees, 27 pays for salaried should result in 27/26 of annual salary. If salary is annually 52000 then in 2021 that employee could earn 54000 unless you were on the alternate 26 pay period schedule.  If insistent on maintaining the lower amount then you would not run payroll on 12/31/21

If your payroll is every other week then it should be calculating based on 26 pay periods.  There is no case there bi-weekly should divide a salary by 27 (which would be illegal.)

This misconception comes up every year.  See:

https://quickbooks.intuit.com/learn-support/en-us/employees-and-payroll/re-how-does-qb-handle-27-pay...

Correct, and, as I said, IF you could actually issue a paycheck on 1/1/21 and were biweekly payroll schedule that would in fact be paying the salaried worker 27 times at a 26 period schedule, thus giving them a slight raise next calendar year while their pay in 2022 on a 26 pay period might drop.

As you illustrated in the similar thread from a year ago, issuing a Friday biweekly payroll on 12/31/20 could result in 27 pay periods in 2020.

It is no different than , say with weekly payroll, where one year might have 53 paydays, nobody gets less that 53rd check unless they worked less during teh week being paid.

Just ne thankful that the 53rd or 27th pay per year is not considered overtime for the year and required to be time and a half

I am having the same issue. In 2021 I pushed the date to the first business date after 1/1; but the situation continues into the future. I think QuickBooks needs to allow the administrator to edit the total number of pay periods in a year. So far, no one know the answer. It seems like we either have to pay 1 extra payroll for all salary people, where it should allow us to divide the salary by 27 in stead of 26 for a given year.