Payroll deduction calc code 07 - Tax Table Plus Percent

How does cc07 - Tax Table Plus Pct work for the tax calculation?

• Enterprise ERP

• Payroll

• Deduction and Benefit Master

• Employee Deductions

• Payroll Processing

When define a percentage in Employee Amt/Pct in Employee Deductions, that percentage is calculated on the withholding.  Then that is added to the withholding taken in the payroll.  For instance, if the normal FIT withholding would be $100.00, and user defined 5%, the withholding taken in the payroll would be $105.00, ((100 + (100 * 5%)).