How To Create A Negative Paycheck In QuickBooks Online Payroll?

Have you been searching for a way to create a negative paycheck in your QuickBooks Online Payroll? Your search ends here as we have written the most descriptive and step-by-step guide for creating a QuickBooks Payroll Negative Paycheck.

QuickBooks Payroll Negative Paycheck

Want to talk to the QuickBooks Experts directly? Connect with the QuickBooks Experts on +1-888-551-1563.

How To Create A Negative Paycheck Intuit Payroll?

The QuickBooks ProAdvisors of supportforerror have come forward to help us in creating this User Guide. Follow the steps given below or get in touch with the QuickBooks Customer Service Team for getting support.

Step 1: Place A Complete Paycheck Into A Superannuation Plan, Such As A 401k

If any of your employees wants to contribute their superannuation support, you can make a negative paycheck for them.

  1. Open Employee’s profile and choose to add an Additional Earning pay category to it.
  2. It shall limit tax insinuation or changing reports depending on the number of working hours.
  3. Type a name for it as Taxable offset.
  4. Create a 401K Retirement plan deductions.
  5. Make use of the Net to the gross formula to comprehend the gross pay sum total.
  6. Now, open a paycheck in the name of the employee by going into the edit window.
  7. Type 1 in the Taxable offset window.
  8. Select Create Paycheck.
  9. Select View/Edit option from the Approve Paychecks window.
  • Change the federal and state income taxes to negative.
  • Go to the Taxable offset window, provide the gross sum total deduced through the net to gross formula.
  • Check if the net pay sum total is equal to the sum recorded in the 401K.
  • If it is not same, change it.
  • Go to subtraction field and take 401K.
  • Choose Save and Submit.

Step 2: Entitle An Entire Paycheck From Income Tax

You can create a negative paycheck if the worker chooses to contribute their pay to their withholdings.

For Intuit Online Payroll Users:

  1. Go to the employee’s profile.
  2. Now, add an Additional Earning pay category.
  3. Make use of the net to the gross formula to deduce the gross pay sum total
  4. Now, open a paycheck in the name of the employee by going into the edit window.
  5. Go to the Other Earning tab, calculate the gross sum deduced by utilizing net to gross formula.
  6. Now, Delete all or any unrelated deductions.
  7. Check if the net pay sum total is equal to the sum recorded in the 401K.
  8. Add the income tax sum in the federal income tax box.
  9. Tap on save and submit button.

Follow The Steps Carefully or Contact Our ProAdvisorsGet Help For Negative Paycheck Issues In QuickBooks Payroll

If you are facing any problems while creating Negative Paychecks then call on the QuickBooks Experts as only they can help in this case. Pick up your cell phone and dial the toll-free QuickBooks Payroll Technical Support Phone number +1-888-551-1563.

This number is active 24×7 and you can answer for all your questions related to QuickBooks and its tools and features.

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