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Fiscal Year and Calendar Year deduction limits

Fiscal Year and Calendar Year deduction limits


Description of Issue

How are Fiscal or Calendar year deduction limits evaluated in comparison to Employee Accumulators?

Context
  • Payroll
  • Deduction and Benefit Master
  • Employee Accumulators
Cause


Resolution
  1. In Deduction and Benefit Master (Payroll>Payroll Setup>Deduction and Benefit Master) note the Limit Types field.
  2. The Fiscal or Calendar Year options will be enforced based on Employee/Employer Amounts on the Fiscal or Yearly Accumulator in comparison to the Check Date or Fiscal Year of the Payroll being processed. 

See below links for more information. 





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