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Dynamics 365 Community / Forums / Microsoft Dynamics GP (Archived) / Tax Sheltered deductio...
Microsoft Dynamics GP (Archived)

Tax Sheltered deduction that uses net pay and restricted to specific pay codes.

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Posted on by scott.white 185

I am wondering if anyone has run into the requirement where a deduction for a pension had to be sheltered from Federal and State tax, could only be calculated based on certain pay codes and had to have other TSA deductions take out first. (deduction schedule used here) Thus in effect using the net pay amount when calculating the amount of the deduction.  

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    L Vail Profile Picture
    L Vail 65,271 on at

    Scott,

    Have you looked at using the Garnishment functionality? You can define what 'net pay' is (which deductions come out) and then calculate your deduction that way.

    Kind regards,

    Leslie

  • scott.white Profile Picture
    scott.white 185 on at

    Hi Leslie,  yes I did try the Garnishment but garnishments are not tax sheltered deductions and this specific deduction is for a police pension fund.  so it has to be calculated on specific pay codes and has to be based on the net wages after 2 other TS deductions are taken.  

  • L Vail Profile Picture
    L Vail 65,271 on at

    Hi Scott,

    Hmmmm, so it isn't. How dare they grey out those boxes! You can specify that the deduction is only based on certain pay codes, but what I really need is an example (simple please) with numbers so I can better understand what you need to do. You've probably explained it adequately for normal people, but I'm a bit confused. I don't want to run down the wrong path. So, if you haven't already solved the problem, please provide an example.

    Kind regards,

    leslie

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