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February 6, 2023
Question

Can I pay a salary per day?

  • February 6, 2023
  • 1 reply
  • 0 views
I pay my employees $170 per day, how can I set this up?, since it wont give me the option to select per day.

1 reply

JenoP
February 6, 2023

I'd be glad to help with your payroll-related inquiries, gmanstrucking.

 

QuickBooks Payroll uses the annualized amount for salaried employees. This means that they will have a fixed rate for each pay period based on an estimated calculation of how much they are getting for an entire year.

 

For example, an employee is getting paid 1000 per month. This means that there are 12 paychecks a year. The amount that you need to enter for the salary rate in QuickBooks is $12,000 for the salary. 

 

For now, there's no option to enter a daily salary rate in QBO. You will need to determine or reach out to your accountant to calculate the annual salary amount based on your employee's daily rate. 

 

Aside from that, you can also override the amount when creating the paychecks. Here's an article for more details: Override an Employee's Salary.


Allow me to share these payroll-related articles for additional guidance and references: 

 

 

Let me know in your reply if you still have more questions about setting up the employee's payroll details. I'd be glad to join you back and offer my help again.