I need to set up a new pay code to include fringe benefits (i.e. gift cards, etc.) as taxable income to employees. The value of the fringe needs to be added to an employee’s pay for taxation then subtracted (since they already received the gift card, etc.) similar to reported tips with the exception that they should not be included in the calculation of wages for 401K contributions and match. However, the amount should be included in gross income on the W-2. Also, this code will need to be added to the check stub pay line items.
How would I go about getting this set up in Great Plains?
Thanks so much!
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