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Is there a formula to gross up payroll?
Message
From
28/08/2009 11:19:17
 
 
To
28/08/2009 10:45:02
General information
Forum:
Visual FoxPro
Category:
Other
Environment versions
Visual FoxPro:
VFP 9 SP2
OS:
Windows 2000 SP4
Network:
Windows NT
Database:
Visual FoxPro
Application:
Desktop
Miscellaneous
Thread ID:
01421471
Message ID:
01421491
Views:
78
Debra

It's been a while since I did this, so check me on this

If you want to pay someone whose gross g is $1000 enough so that
after paying a tax rate r of .05 they still get $1000, you can do something like this

g = 1000
r = .05

newrgross = g / ((g-(g *r))/g)

Maybe some math types can simplify that, but I think it will work
Anyone who does not go overboard- deserves to.
Malcolm Forbes, Sr.
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