Payroll pay code marked not subject to taxes in error.

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Posted on by mco-bob

Recently an employee was paid a bonus using a pay code that was inadvertently marked as "not subject to taxes". This was incorrect and now that bonus amount is not included in Federal Wages, FICA SS wages and FICA Med wages.. Is there a way in Dynamics GP 2018 R2 to correct the wages for this employee?

Thank you.

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Microsoft Dynamics GP

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Andrea Melroe 3,437 on at

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Hi mco-bob,

This is Andrea, and I’ll assist with your question today.

You have a couple of options:

Option 1:

Void the problem check.

Mark the appropriate ‘subject to tax’ boxes on the Bonus Pay Code (Cards >> Payroll >> Pay Code).

Re-process a new check via a new pay run.

Setup a one-time deduction (sheltered from all taxes) for the under-withheld tax amounts and included that deduction in the next pay run for that employee.

Option 2:

Process a manual check to adjust the appropriate tax amounts (subject to, employee portion, employer portion). Here’s a link to a blog that talks about manual checks, and I’ve attached a word document that walks you through the process step by step.

How to Process a Manual Check in Payroll!!!! - Microsoft Dynamics GP Community

Setup a one-time deduction (sheltered from all taxes) for the under-withheld tax amounts and included that deduction in the next pay run for that employee.

I hope this helps!

Andrea Melroe | Microsoft Dynamics GP

Manual-Checks-What-You-Should-Know-and-More.docx

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mco-bob 22 on at

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Thank you!

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Andrea Melroe 3,437 on at

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You are very welcome! Good luck!

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mco-bob 22 on at

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Hello --

I have corrected the Fed, FICA and State wage totals. Is there any way to correct wages subject to FUTA & SUTA? There are no provisions for those in the Manual Checks transaction type choices.

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Joseph Markovich 3,976 on at

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Terry Heley talked about this in a blog post all about SUTA:

Here is the link to the post:

community.dynamics.com/.../everything-and-anything-you-wanted-to-know-about-suta-in-microsoft-dynamics-gp

And here is the part for you:

9. Missed a SUTA state on a pay run, not a problem, you can easily add this. Cards | Payroll | Pay code , pull up the employee and pay code, click the history button, you can expand and edit the Workers Comp, FUTA and SUTA state in this window. If it is not available, check your options in Payroll Setup to edit financial fields.

I hope this helps.

Thanks.

Joe

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mco-bob 22 on at

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Edit financial fields is checked in Payroll Setup but can't edit any of the fields.

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