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When the Calculate button is selected on the Pay Check Simulator page, the Pay Check Simulator Results page displays the results of the simulated pay calculation.
Note: The Pay Check Simulator excludes job/pay records with an Event pay rate. |
Refer to the Payroll Page Links table for descriptions of the other links that may display at the top of the page.
The Pay Check Simulator Results has two sections:
Wages, which shows the employee's gross wages, taxable earnings, taxes, benefits, deductions, net pay, and a deduction breakdown
Withholdings, which shows a breakdown of the employee's federal and state withholding.
Click the Collapse
a section button to
hide an expanded area of the pay check simulator results. Click the Expand a section button
to open a collapsed area
of the pay check simulator results.
The following table defines each field displayed on the Pay Check Simulator Results page.
Field | Description |
Wages |
|
Gross Wages |
This field displays the total gross wages for this simulated pay. A breakdown by pay type displays below the Gross Wages heading. |
Federal Taxable Earnings |
This field displays the taxable earnings for this simulated pay. |
Taxes |
This field displays the taxes withheld from this simulated pay. A breakdown by tax displays below the Taxes heading: Social Security, Medicare, Federal Tax Withheld, and State Tax Withheld. |
Benefits |
This field displays the total benefits for this simulated pay. A benefit breakdown displays below the Deductions heading. |
Deductions |
This field displays the total deductions for this simulated pay. A deduction breakdown displays below the Deductions heading. The calculation results include all deductions withheld from the employee's normal pay, ignoring any limits placed on one or more of the deductions defined for the employee. For example, if your state requires your employer to withhold a certain percentage of your pay for a special program (e.g. disability), and the amount withheld may not exceed $500, your employer places a limit on that deduction in your electronic deduction record. When the payroll simulator calculates your modified pay based on the entered changes, the simulator includes this percentage in the calculated pay amount even if a limit is defined. |
Net Pay |
This field displays the simulated net pay, calculated as follows: Gross Wages - Taxes - Deductions |
Deduction Breakdown |
This field displays the total deductions for this simulated pay. A breakdown by deduction type displays below the Deductions heading: Tax Deferred, Section 125, Taxes, and Other. |
Withholdings |
|
Federal |
This field displays the Federal tax deduction for this simulated pay. The Federal withholding criteria display below the Federal heading. |
State |
This field displays the State tax deduction for this simulated pay. The State withholding criteria display below the State heading. |