Full Time Equivalents/FTEs

[JennsCookieCrea]

I see the PPP reports that have been added to the Payroll tab, thanks., The show total number of employees, but not FTEs (Full Time Equivalents) as needed for potential PPP Forgiveness.. can that calculation be added?

Thanks. 

[AshleyK]

Hey!

Right now we don't currently have a way to distinguish between full time and part time employees. The PPP report was initially intended to facilitate the application process, which asks for the number of employees (part-time, hourly, or full-time staff who submit a W-2). It looks like the Treasury and SBA just released the loan forgiveness application on Friday. The number on the PPP report can be used to help answer this question on the forgiveness application: "Employees at Time of Loan Application: Enter the total number of employees at the time of the Borrower’s PPP Loan Application."