SUMMARY:
The Paycheck Calculator helps users calculate average regular and irregular paychecks to create income records. It is available only for sources of income which are set up as Earned Income by an administrator.
Instead of manually entering an amount, users can attach paychecks by using the Calculate feature.
Steps to Enter Paychecks:
- Click the Add New icon to add an income source.
- Select an Income Source from the dropdown.
- If applicable, a Calculate link will appear.
- Click Calculate, then Add New Paycheck.
- Enter the pay period start and end dates and paycheck amount, then click Save.
- Repeat for additional paychecks.
- Click Calculate Monthly Amount to generate the average income.
- The record can be edited later using the edit pencil icon.