Use this program to define others taxes and other deductions withheld from payroll checks.
The system requires the entry of the following four tax codes: FICA, FEDL (federal), STAT (state) and LOCL (local). Two additional miscellaneous taxes can also be set up to fit the needs of you.
Any voluntary deductions to be withheld from payroll must be defined. Examples include insurance, employee loans, credit union, etc. A feature of the payroll system allows the tracking of employee advances and other deductions with a running balance.
FICA must be set up here.
Advanced Earned Income Credit (EIC): You can no longer add deduction code “FIEI”. A message alerts you that Advanced EIC was discontinued after 2010.
CAUTION! Deleting a deductions code that is used in the Code Sequence F/M program can endanger the integrity of the payroll data files.
Click field descriptions for information on each field.
For more information how to use maintenances, refer to this topic.