How Do We Create A Negative Paycheque In Qb Payroll Online?

Are you also looking for effective solutions to create a negative paycheque in your QB online payroll but not finding appropriate ways? Don’t worry we have got you covered up with the most relevant steps and procedures to solve your problem by providing ways on how to create a negative paycheque in QuickBooks Online Payroll.

Perform The Steps To Generate Negative Paycheck Intuit Payroll Software

By following the steps given, you can easily generate a Negative Paycheck in your QuickBooks payroll services:

To create a negative cheque of the present quarter, you need to follow the steps given below. However, for the preceding quarter and year, you need to contact our QuickBooks Support team to get quick assistance.

Put The Whole Paycheck Into A Superannuation Plan, like 401k

In case the member of your staff has decided to contribute his superannuation contribution, then you can create a negative paycheque

For Intuit Online Payroll Users:

  • You need to Add and an Additional Earning pay category to your employee’s profile.
  • According to the number of working hours, this will restrict the tax insinuation or changing reports.
  • Give it a name as a Taxable offset or give your name according to your choice.
  • Now you have to make a 401K Retirement plan deductions.
  • Then use the net to the gross formula that will deduce the gross pay sum total.
  • Now create a paycheque in the name of the employee. Follow the steps to do it:
  • Go to the Taxable offset tab and put 1
  • Click on create paycheque
  • Now, click on the View/Edit option in the Approve Paycheque section appeared
  • Set the federal and state income taxes as negative
  • Go to the taxable offset tab and then enter the gross sum total deduced via net gross formula.
  • The net pay sum total should be similar to the sum recorded in the 401K. If it is not the same then you have to change it according to your need.
  • Go to the substation field and choose the 401k total
  • Click on the save option and then submit it

If have any doubts or need any information on how to calculate salary, how to create paycheques, or if you are looking for the payroll calculator then you can always contact our QuickBooks Technical Support team and get a quick response.

For QuickBooks Online Payroll Users:

  • In the employee’s profile add and an additional earning pay category.
  • This would prevent tax insinuation or changing reports according to the number of working hours.
  • Give a name for its taxable offset or you can give the name according to your choice.
  • Now make a 401K Retirement plan deductions
  • Use the net gross formula to deduct the gross pay sum total.
  • In the name of the employee create a paycheque. perform the given steps to do this:
  • Open the edit section
  • In the Taxable offset, tab put 1
  • In the same Taxable offset tab, fill the gross sum total deduced with using the net to gross formula.
  • The net pay sum total should be similar to the sum recorded in the 401K. If it is not the same then you have to change it according to your need.
  • Go to the substation field and choose the 401k total
  • Click on the OK option 
  • Now click on the Preview, then submit and then finish it.

Put the complete paycheque from income tax:

You can create a negative paycheque in case your employee has decided to contribute his pay to his withholdings.

For Intuit Online Payroll Users:

  • In the employee’s profile Add and an Additional Earning pay category
  • Make sure to use the net to the gross formula to deduce the gross pay sum total
  • Create a paycheque in the name of the employee. Perform the steps given below:
  • Go to the other earning tab, find out the gross sum deduced by using the net gross formula
  • Remove all the irrelevant deductions.
  • Check the net pay sum total has to be the same as the sum recorded in the 401k. In case if it is not the same then you have to change the other earning sum according to your requirement.
  • Now in the federal income tax box add the income tax sum
  • Now click on the save option and then submit

For QuickBooks Online Payroll Users:

  • In the employee’s profile Add and an Additional Earning pay category
  • Make sure to use the net to the gross formula to deduce the gross pay sum total
  • Go to the payroll of your employee then preview the payroll page of the employee
  • Go to the other earning tab, find out the gross sum deduced by using the net gross formula
  • Remove all the irrelevant deductions.
  • Check the net pay sum total has to be the same as the sum recorded in the 401k. In case if it is not the same then you have to change the other earning sum according to your requirement.
  • Now in the federal income tax box add the income tax sum
  • Now click on the save option and then submit

QuickBooks Technical Support Service:

We hope that with the help of the steps given above you have been able to understand all about the Negative Paycheques Issues In QuickBooks Payroll. However, if you are still facing any trouble or any difficulty while performing any step you can always contact the highly experience QuickBooks Technical experts at errorsupportnumber +1800-366-1468 to get quick assistance.

QuickBooks Payroll Negative Paycheck

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