Question
How do we correct YTD pay figures on an employee's paystub?
Recently we added the payroll module to our Quickbooks subscription and set up an employee to receive semi-monthly salaried pay and direct deposit. We also input the YTD pay and withholdings.
When we ran the pay run the calculation was correct for the period, however on the paystub it shoed the employee's full annual salary (plus the new period) as the YTD pay rather than the actual YTD pay which had been input in the pay history.
(A) Why is this happening? Is this a bug?
(B) How do we fix this?
For clarity: The employee's annual salary is $30,000. The semi-monthly pay is $1,250. The employee has been paid $15,000 YTD. On the employee's paystub after making this pay run, the YTD pay is appearing as $31,250 instead of $16,250, and the withholdings numbers also reflect this higher figure.
Note - Fiscal year end is 03/31.
Thank you.
When we ran the pay run the calculation was correct for the period, however on the paystub it shoed the employee's full annual salary (plus the new period) as the YTD pay rather than the actual YTD pay which had been input in the pay history.
(A) Why is this happening? Is this a bug?
(B) How do we fix this?
For clarity: The employee's annual salary is $30,000. The semi-monthly pay is $1,250. The employee has been paid $15,000 YTD. On the employee's paystub after making this pay run, the YTD pay is appearing as $31,250 instead of $16,250, and the withholdings numbers also reflect this higher figure.
Note - Fiscal year end is 03/31.
Thank you.