How_do_I_set_up_a_pay_code_to_deduct_retirement_and_compute_benefits_

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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