Getting Started with Paycheck Calculator
The Advantage HRM Paycheck Calculator allows the ability to calculate hypothetical paychecks based on changes to salary, deduction/benefit, and tax enrollment.
From this point, you can do the following:
Start New Paycheck CalculationStart New Paycheck Calculation
To start a new paycheck calculation, perform the following steps:
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The Paycheck Calculator uses the selected employee’s next regular pay period (from the Pay Period (PERD) reference page) for the calculation.
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From the Paycheck Calculator carousel, select the Calculate link. At this point, the calculation occurs and the information in the Paycheck Calculator pop-up page will open and display the Total Pay, Total Deductions, Net Pay, FICA Wages, Total Fringe, and Reimbursement Amount details.
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From the Paycheck Calculator carousel, you may navigate through three scalar sections containing information on Pay, Deduction and Tax Rules details:
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Change Pay - On this section, you can modify salary pay amounts.On this section, you can enter a pay amount or modify your current pay by a desired percentage. This section displays the current pay amount and pay frequency.
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Change Deductions/Benefits - On this section, you can add and modify deductions and benefits.
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Change Tax Rules - On this section, you can modify Marital Status and Tax Allowance information.