How do I set up a pay code to deduct retirement and compute benefits?
Set up the monthly period numbers on a pay code to deduct retirement from a payroll check and calculate benefits. Changing the monthly pay period numbers to calculate in period 5 will ensure that regular deductions will be skipped.
Setting up period 5 to deduct retirement and compute benefits on the employee portion
1. Open Connect Payroll > Organization > Pay Codes.
2. Click to select the Employee tab.
Employee tab
3. Find the Monthly Period Numbers and then
click .
Monthly period numbers
4. Click the 5 column header.
5 column header
5. Click OK.
The employee portion of the pay code will deduct retirement from a payroll check and calculate benefits in monthly period 5.
Setting up period 5 to deduct retirement and compute benefits on the employee portion
1. Open Connect Payroll > Organization > Pay Codes.
2. Click to select the Employer tab.
Employer tab
3. Find the Monthly Period Numbers and then
click .
Monthly period numbers
4. Click the 5 column header.
5 column header
5. Click OK.
The employer portion of the pay code will deduct retirement from a payroll check and calculate benefits in monthly period 5.
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