Just read through some QB "help" documents on setting up Work Comp tracking, and, like usual, still have some questions: mostly having to do with excluding work comp calculations on the overtime premium, and related. In addition to the usual responses from QB employees, I'd really like to hear from people like @Big Red Consulting.
First question: I am used to a work comp treatment of overtime as follows: The 'per hundred" rate applies to all straight time earnings a person has. If the employee also works overtime hours, the rate applies to the straight-time portion of the overtime pay but not to the premium portion. As example, if someone was paid $10.00 / hr 40 hrs for straight time and $15.00 / hr for 10 hrs of overtime (1.5 x straight time), their earnings would be $550.00. Work comp calculations would be on $500 (on the 40 hrs straight time and on the straight time portion of the 10 hrs overtime). Work comp would not calculate on the $50 of premium pay.
Is that what QB Exclude overtime does? Or does QB Exclude overtime calculate only on the 40 hrs of regular pay?
Second question: What about other types if payment?
* Holiday pay (for not working on a holiday) at straight-time rate?
* Holiday pay (for working on a holiday) at overtime rate?
* PTO pay (straight time)
* Jury duty, Bereavement, Vacation, Sick? (all at straight time)
Third Question: Some states (like CA) mandate both overtime (1.5 rate) and double-time (2x rate) based upon number of hours worked and number of consecutive dates in work week that are worked. Does QB address that?
Fourth question: Why doesn't Intuit / QB address all this in the help screens and documents?