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Dynamics 365 Community / Forums / Microsoft Dynamics GP (Archived) / Entering third party s...
Microsoft Dynamics GP (Archived)

Entering third party sick pay in the payroll system

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Posted on by Community Member Microsoft Employee

I am new to GP and I need to know how to enter these third party sick pay statements into the payroll for the employees. Any help you can give me would b great!!

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  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Entering third party sick pay in the payroll system

    Both the paycode and the DEDUCTION code are set to the same GL account.

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Entering third party sick pay in the payroll system

    Setting up 3rd party sick pay.

    1. Setup Earnings Code for 3rd Party sick pay. Set is subject to only FICA taxes. Set the correct reporting w-2 box.
    2. Setup a deduction code at 100% of the Earnings Code.
    3. Set the posting accounts for both the paycode and the earnings code to the same GL account. This way it is a wash.
    4. On any check before the end of the year, you will need to include the amount of sick pay, so that the taxes can be calculated and withheld.
  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    Re: Entering third party sick pay in the payroll system

    Kit exactly how did you do this? Can you give me step by step instructions or email them to me at pnichols@aztecfacility.com?  I really need some experienced help.  I entered them as a regular manual check (because I wasn't sure how to set up the benefit and enter that correctly in the manual checks) and now the CFO is upset as it is showing up as an expense in his cash.

  • Suggested answer
    Community Member Profile Picture
    Community Member Microsoft Employee on at
    Re: Entering third party sick pay in the payroll system

    I setup a taxable benefit for this and entered the transaction as a manual check.

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