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Centralized Gross to Net Processing

Owned by Kyle Niekamp
Last updated: 06 21, 2022 by Claire Aleman

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

  • N/A

Location:

  • Payroll > Centralized Payroll Check Processing > Centralized Gross To Net Processing

Video:

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