Change in payroll

Hello there, @35351.

You'll want to create another payroll item for the new rate. This is what you will be using whenever you want to apply the new rate for your employee. 

Here's how to create a payroll item:

1. Go to Lists, then select Payroll Item List.
2. Select Payroll Item, then select New.
3. Click Custom Setup, then select Next.
4. Select Wage, then select Next.
5. Choose Hourly Wage. Select the appropriate pay type.
6. Click Next. Enter a name for the pay item (if you have various types of regular pay, you can differentiate them with the name), then select Next.
7. Choose the Expense account where you want to track wages.
8. Select Finish.

Feel free to read through about creating payroll item through this link: Set up an hourly wage payroll item.

Additionally, you can also move your employee to bi weekly.

When you're ready to apply the new rate, you can just visit this article. This will give you the steps on how to create payroll checks in QuickBooks Desktop: Create and run your payroll.

You may find the following articles helpful in case payroll items/taxes are calculated incorrectly:

• Payroll items on a paycheck are not calculating or are calculating incorrectly
• QuickBooks Desktop calculates wages and/or payroll taxes incorrectly

The Community is always open whenever you have other questions while working on payroll. Have a good one.

Would the best option be to put employee on biweekly schedule? I have that set up for the hourly part time employees, but have never had a salaried employee go to full time hourly. 

Yes, it's better to put your employee on a biweekly schedule, @35351.

Every other week or Bi-weekly, pay your employees every two weeks. If you schedule payday for every other Friday, you have 26 payouts per year.

To create a payroll schedule here's what to do:

1. Proceed to Employees, then choose Payroll Center. 
2. Click the Payroll Schedule ▼ dropdown then select New.
3. Enter a name for the schedule and choose how often you'll pay employees on the schedule.
4. Complete the remaining fields, then choose OK. 
5. Click Yes to assign the new schedule to all your employees.

Then, assign a pay schedule to your employee.

1. Go to Employees, then choose Employee Center.
2. Double-click the employee's name.
3. Click the Payroll Info tab.
4. Select the Payroll Schedule ▼ dropdown.
5. Choose the Payroll Schedule that you wish to assign to this employee.
6. Click OK to save.

For additional information, you may also review this article: Set up and manage payroll schedules. 

I've also added this article for future reference about correcting paychecks in QBDT: Incorrect pay period dates in QuickBooks Desktop Payroll. This contains steps how to void paychecks.

Feel free to comment below if you have further concerns managing your pay schedules in QuickBooks. I'll be happy to help again.