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March 11, 2024
Question

Can I add a pay type or allowance for employees to buy their own medical insurance?

  • March 11, 2024
  • 1 reply
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Can I create a pay type or an addition to employee paychecks on each check that they can use to buy their own health insurance plans?

1 reply

March 11, 2024

I've got you covered, @info2003. I'm thrilled to provide the steps to add a pay type or allowance for your employee in QuickBooks Online (QBO) Payroll.

 

Yes, you can surely create an additional pay type to buy your employees' health insurance plans. Follow these steps to proceed with adding it to the payroll run:

 

  1. Go to the Payroll menu, then the Employees tab.
  2. Choose your employee.
  3. Select the Edit button from Pay types.
  4. From the Additional pay types section, you can click the + Another Other Earnings type to add one.
  5. Add a name and amount to the field.
  6. Tap Save.

 

On top of that, you can pull up a variety of payroll reports in QuickBooks. This will give you a closer look at your employee's total wages, deductions, and tax information for a certain period: Run payroll reports.

 

Please keep me posted if there's anything else you need or concerns about managing payroll transactions in QBO. I'm always ready to help.