Yes, Sanjee. You can modify or remove the Vacation pay from your employee's profile in QuickBooks Online.
You'll need to edit the Time off setup of the employee's profile to remove the vacation pay, follow the steps below:
- Navigate to the Payroll menu and select Employees.
- Choose the employee whose Vacation Pay settings you wish to modify.

- Click on the Profile section.
- In the Time Off, select Edit.

- From the Vacation Pay dropdown, tap No vacation pay policy.
- If prompted, tap Confirm.
- Once done, click Save.

Additionally, you can run and customize payroll reports in QuickBooks Online to get a closer look at your business' finances.
You can also schedule a session with our QuickBooks Live Expert Assisted for personalized, real-time assistance. They are available to guide you through the steps to adjust your payroll settings and address any additional concerns you may have.
You can revisit this thread if you need further assistance with your QuickBooks matters.