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Calculate Gross Pay Needed to Pay a Specific Net Pay Amount in Payroll
Calculate Gross Pay Needed to Pay a Specific Net Pay Amount in Payroll
Description of Issue
Is there a way to figure out what the Gross Pay should be if we want to pay out a certain net pay amount in payroll. For example, what would the Gross be if we want a pay amount to be 1000.00 for a bonus pay out in payroll?
We want to pay a Bonus of 1000.00, but we don't know what the Gross should be to have the Net Pay be the Bonus of 1000.00 after taxes are taken.
Context
- Payroll HR
- Payroll
- Employee Maintenance
- Employee Job Salary
- Net to Gross
Cause
Resolution
- Go to Munis> HR Payroll> Payroll> Employee Maintenance> Employee Job Salary
- Search and define employee number and pay code, Accept
- Click Net to Gross in the toolbar.
- Click on More in the toolbar if the option is not visible.
- Click Define. Populate fields as applicable.
- Click Accept and Execute, review Output Report and click Yes to update Period Pay with Gross Amount.
Additional Information
Deductions to Exclude: These boxes identify deductions that you do not want to include in the payroll calculation. You can specify up to three ranges of deductions to exclude.
Post-Net Deductions: These boxes define the range of deduction codes for the deductions to be taken without affecting the net pay calculation.
, multiple selections available,
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