An online method for reconfiguring pressure and position sensors in a hydraulic system is disclosed. In one step, a sensor drift condition, a recalibration request, or an unisolated fault condition is detected. In another step, a system pressure sensor or another sensor, such as a load-sense pressure sensor, is verified as a trusted master reference sensor. Another step includes measuring and recording a first pressure reading at the master reference sensor and first voltage readings associated with first, second, third, and fourth pressure slave sensors at a first pump pressure set point. Another step includes, repeating the previous step at a second pump pressure set point. A new gain and offset for each of the first, second, third, and fourth pressure sensors can be calculated based on a comparison of the recoded first and second pressure readings and the recorded first and second voltage readings.