Follow

I need to calculate payroll deductions on vacation pay that is being paid out to an employee - how do I use QPTL to do this?

If the vacation pay being paid covers only one (1) pay period for which the vacation time-off is being taken:

  • Select the 'Regular Salary' calculator.
  • Enter the vacation pay amount for the pay period in which the vacation time-off is taken in the EmployeeData.vacationPayAmount input parameter data field.
  • Enter the amount of any Gross Salary/Wages paid for time actually worked during the pay period.

If the vacation pay being paid covers more than one (1) pay period for which the vacation time-off is being taken:

  • Select the 'Regular Salary' calculator.
  • Split the vacation pay into amounts pertaining to each pay period for which the vacation time-off is taken.
  • Perform a separate calculation for each pay period over which the vacation pay is being paid, as described in the previous example.

If the vacation pay is being paid as one lump-sum amount in lieu of vacation time not taken:

  • Select the 'Bonus' calculator.
  • Enter the employee's regular salary/wages for one pay period in the 'Gross Salary/Wages' field (leave the 'Paid vacation' amount as 0.00).
  • Enter the lump-sum amount of vacation pay in the 'Current bonus payable' field.
  • Check the box 'Show Bonus only on Pay Advice'.
Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments

Powered by Zendesk