Hi thank you for the point and have a good day!!
Net pay is the take-home pay an employee receives after you withhold payroll deductions. You can find net pay by subtracting deductions from the gross pay.
Gross pay is an employee’s income before taking out deductions. Unless you gross-up an employee’s wages, gross pay is usually the “sticker price” you offer. You can find weekly gross pay for salaried employees by dividing their yearly salary by 52 weeks. For hourly workers, multiply the employee’s hourly pay by the number of hours worked.
How to calculate net pay
Net Pay = Gross Pay – Deductions
To get from gross to net pay, you must withhold deductions. Payroll deductions are amounts you withhold from an employee’s paycheck each pay period. There are both mandatory and voluntary deductions.Hey ;)Hope this helps...