Overview:
After all timecards have been submitted, imported/keyed, distributed, and gone through a final payroll review, the next step in the payroll check process is running the Gross To Net calculation. PENTA’s gross-to-net process retrieves all timecard information distributed as of a Period End Date, calculates all necessary taxes, deductions, and reimbursements, then produces a net check amount. The training video below walks through this process in detail.
Benefits:
- Auto calculation of deductions, reimbursements, non-add to gross fringes, and taxes
- Automatically books all applicable accounting entries
Roles:
- Payroll Manager
Additional Content
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- Payroll > Centralized Payroll Check Processing > Centralized Gross To Net Processing
Video:
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