Skip to main content
E
EHHC
December 8, 2022
Question

Time and a half

  • December 8, 2022
  • 1 reply
  • 0 views

New QBO payroll core user:

Why do we checkmark the Holiday or Overtime types when setting up the employee? what do I have to do to make QBO automatically calculate 1.5 x of the employee regular pay rate ? or do I need to create another "holiday / overtime" pay type with the actual 1.5 x rate ?

Thanks

1 reply

C
CharleneMaeF
December 8, 2022

Thanks for using QuickBooks to handle your payroll, EHHC.

 

The Holiday or Overtime Pay must be selected in the employee's profile so that their hours are calculated and added to the paycheck. If you have employees who don't use these pay types, you can uncheck these boxes.

 

To add the correct rate to holiday and overtime, you'll have to create or edit the pay type. Here's how: 

 

  1. Go to Payroll, then Employees.
  2. Select your employee.
  3. From Pay types, select Start or Edit.
  4. On the Pay type section, add the regular rate (hourly, salary, or commission only).
  5. Under the Common pay types section, add the 1.5 rates for overtime and holiday pay
  6. Select Save.

 

For more details, please see this article: Add or Change Pay Types.

 

Once you're ready to run payroll, make sure to enter the hours and the compensation so that QuickBooks will automatically calculate the amount.

 

Additionally, I've added these resources that'll help you learn more about tracking and managing overtime pay in QuickBooks Online:

 

 

Please update us if you need additional assistance managing and running payroll. It's our priority to ensure you're employees are paid on time.

Terms & ConditionsAccessibility statement