Occasionally, employers will issue net paychecks for a specific amount. Usually, these are one-time payments, such as a bonus. Occasionally an employee is promised a net salary i.e. $50,000 annually. Regardless of which type of payment, whether a one-time or multiple, this will require a “gross-up” or increase in order to account for withheld taxes. Scissortail makes it easy to accomplish this without relying on payroll staff to manually figure the amounts and limiting possible errors. Once the pay statement type has been added to the company profile, Scissortail will take care of the rest!
Adding a New Pay Statement Type
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