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Aug 6, 2024 1:39 PM UTC
Question

Can I change the gross pay of the employee every month? How will it affect tax calculations?

If he withdraws 10k in advance, employee wants it to be set as his payroll already and not having any net pay every end of month.

1 reply

Aug 6, 2024 1:51 PM UTC

Hello accounts-charity,

 

It's a pleasure to see you in Community. Welcome! It's essential that your payroll transactions are recorded accurately in QuickBooks Online, to ensure they're aligned with government guidelines.  For this reason, I recommend  speaking with an accounting professional for their expertise and best course of action. If you don't have an accountant, we can help you locate a ProAdvisor in your local area. 

 

If you have any other questions, feel free to reach back out. We would be glad to help!