Calculate employee scenarios without changing employee records
Often, an employee would like to know the impact on their net pay check if they make changes to their federal and state exemptions or their deductions, for example when electing for certain types of coverage during the open enrollment period. You can easily forecast this impact by changing pay inputs, including pay, taxes and deductions without impacting the employee’s master record. It then calculates the new amount of the employee’s paycheck.
Easily perform Employee Gross-Up Payroll Calculations – either for 1 individual or for multiple employees – in 1 step
Paycheck “What If” Calculator can also be used to calculate the gross-up amount of a bonus, gift, or other employee check so that the net check is a pre-determined amount. Gross up calculations have never been simpler with our gross up payroll calculator.
Simplify the check cutting process and empower your employees to answer their own pay modeling questions
After calculating a hypothetical pay check or the pre-determined amount of a gross-up calculation, you can view the transactions that will create this check and add the transactions to the payroll batch. Employees can also process hypothetical payroll calculations themselves – either net pay or gross up payroll calculations – through Dynamics GP Self Service.
In life, there’s a hard way and an easy way to do everything. The same is true for time-consuming employee “what if” questions…