Skip to main content

Get 50% OFF QuickBooks for 3 months*

Buy now
Switch to QuickBooks and 70% off for 3 Months
February 3, 2020
Question

Why does the net pay show in wage expenses and not the gross pay? Does it have anything to do with salary sacrifice?

  • February 3, 2020
  • 1 reply
  • 1 view
No text available

1 reply

February 3, 2020

 Hi debbie45,

 

In regards to the net and gross pay, could you please give me some more information so I can get a better idea of what your work-flow looks like?

 

For some more information around wage expenses, salary sacrifice and tax codes in general you can check out the following articles:

 

1) W1 & W2 in BAS Report - https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/where-do-w1-and-w2-amounts-come-from-on-the-bas-report/01/262611

 

2) Understanding W1 and W2 tax codes - https://quickbooks.intuit.com/learn-support/en-au/help-articles/understanding-w1-and-w2-tax-codes-in-quickbooks-payroll/00/367593

 

Hope these help, if not please reach back out to us.

 

Kristian.