Does QuickBooks Desktop Payroll automatically calculate overtime when entered?
We are moving to QuickBooks Desktop. I am entering employee information. I entered hourly rate, but it does not ask me for an overtime rate. Will it calculate if I enter any overtime hours?
Hello David!
Thanks for Posting.
QuickBooks Online Payroll automatically calculates overtime pay when you set up the Overtime (OT) pay type for your eligible employees (both hourly and salaried). When you run payroll, simply enter the overtime hours in the OT box. You don’t need to manually multiply the overtime wages by 1.5. (This applies to double overtime pay entered in the Double OT field as well.)
Hope this helps however if you still have further questions, you may reach the QuickBooks Payroll Support at +1-855-875-1223.