/
Life Insurance rate calculating rate of 0

Life Insurance rate calculating rate of 0

Description of Issue

Employee has an insurance amount defined as 50,000 in Employee Deductions, but is calculating a rate of 0.00 in the deduction record and within payroll.

Context
  • Enterprise ERP Payroll

  • Employee Deductions

  • Payroll Start and Status

Cause

Employee's Insurance Factor defined as 0 on the Insurance tab in Employee Deductions.

Resolution
  1. Navigate to Payroll>Employee Maintenance>Employee Deductions.

  2. Click Search. Define Employee and Deduction number.

  3. Click Accept

  4. Click Update.

  5. Click Insurance Tab. 

  6. Update Employee Factor or Employer Factor as necessary.

  7. Click Accept

Additional Information










Related content

How to calculate life insurance deduction using a Calc Code 15 - Life Insurance-Annual Salary
How to calculate life insurance deduction using a Calc Code 15 - Life Insurance-Annual Salary
More like this
How to calculate non-cash pay code for Life Insurance over 50k
How to calculate non-cash pay code for Life Insurance over 50k
More like this
Employee Insurance Amount is rounding down to nearest increment
Employee Insurance Amount is rounding down to nearest increment
More like this
Employee Life Insurance Deductions not displaying the Hours per Year in the Employee Hours field
Employee Life Insurance Deductions not displaying the Hours per Year in the Employee Hours field
More like this
Deduction Calc Code 24
Deduction Calc Code 24
More like this
Life over 50k Non-cash Pay is calculating at the same amount as the Life Insurance Deduction Withholding
Life over 50k Non-cash Pay is calculating at the same amount as the Life Insurance Deduction Withholding
More like this