Hello there, Kat73.
I'd like to share an idea about the pay schedule in QuickBooks Online Payroll.
Currently, the supported pay schedule in QuickBooks Online are weekly, bi-weekly, semi-monthly, and monthly. That said, we don't have an option to process a annual paycheck.
As a workaround to process one payroll check for this year, you can set up an use a Commission pay type.
To set up the pay type:
- Go to the Payroll menu.
- Choose Employees, then click the name of the employee.
- Tap the Edit ✎ icon next to Pay.
- In the How much do you pay employee section, select the small arrow ▼ icon and choose Commission Only.
- Click on Done.
Once done, you can now start running payroll. Here's a link to guide you in the process.
I'm adding this article to help you wrap up this year's payroll and prepare for the next: Year-end checklist for QuickBooks Online Payroll.
Please let me know if you still have other question about payroll. I'll keep an eye on your response. Have a great weekend!
