Gross-Up Calculations

Gross-up calculations are a way to get to a Gross Pay amount from a net payment. The net payment can be any value up to $1.5 million for the year, $350,000 for a quarter, $115,000 for a month and about a year's gross for other periods.  It is handy for those times when an owner always pays him or herself a fixed amount, or for annual bonus or profit-sharing payments. It can even be helpful in reconstructing a payroll which has been lost.