(2009) Gross to Net Calculator, November 2009. Administrative Services
|
PDF
Gross_to_Net_Manual.pdf File Size:247kB |
Abstract
Gross-to-Net is a payroll calculator modeled after the actual payroll calculation program used for state employees’ pay warrants. This calculator can be used to project changes in deduction amounts and net pay when there are changes in pay amounts, hours worked, mandatory and voluntary deductions, including all pre-tax deductions such as retirement, insurances, deferred compensation or flexible spending plans. Federal and state tax withholding, retirement rates, OASDI and Medicare (FICA), and insurance deductions are calculated using current rates on HRIS Production. The Gross-to-Net Calculator is accessed through the employee’s timesheet. For instructions on accessing the timesheet, please refer to the HRIS Time Reporting System Manual. When viewing the timesheet, enter “GN” in the header action field to go to the calculator.
| Item Type: | Departmental Report |
|---|---|
| Keywords: | Gross Income, Net Income, Iowa Employees, Timesheets |
| Subjects: | Government finance and taxes > State finance Business and industry > Economic development State government > State employees State government |
| ID Code: | 8955 |
| Deposited By: | Margaret Barr |
| Deposited On: | 17 Nov 2009 17:44 |
| Last Modified: | 17 Nov 2009 17:44 |
| URI: | https://publications.iowa.gov/id/eprint/8955 |