Ded/Ben Shared Limit Using Both a Deduction Code and a Benefit Code?

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Posted on by PattiK323

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Is there a way to set up a Ded/Ben Shared Limit using both a Deduction Code and a Benefit Code?

Since HSA contribution limits include the employee contribution (Deduction Code) and the Employer Contribution (Benefit Code), I was hoping to set up a shared limit that looks at both of these codes. But, the drop-down is only allowing me to select Benefit OR Deduction.

Thank you.

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Microsoft Dynamics GP

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Jeff Grant on at

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RE: Ded/Ben Shared Limit Using Both a Deduction Code and a Benefit Code?

Hi Patti,

Thank you for the response, you are correct that we don't have the default option of summing a benefit/deduction in the window, so the blog outlines our best recommendation for set-up in default code. Most end users design their benefit/deduction materials specific to their HSA need, such as basing the benefit on a deduction so when the deduction limit is met both the benefit/deduction will stop taking, etc. Note that there also may be a 3rd party tool available from the following vendor specific to your need: Home - Implementation Specialists (iscorp.biz)

Best Regards,
Jeff
PattiK323 235 on at

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RE: Ded/Ben Shared Limit Using Both a Deduction Code and a Benefit Code?

Thank you; but, this does not address my questions. I want to ensure the maximum annual contribution amount is not exceeded through employee payroll deductions. These are all payroll check transactions. I don't have any questions or issue with how the funds get to the financial institution, simply how to set a limit that looks at about the employee deduction AND the employee benefit.
Jeff Grant on at

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RE: Ded/Ben Shared Limit Using Both a Deduction Code and a Benefit Code?

Hi Patti,

Our best HSA set-up and use recommendation for Dynamics GP is outlined in the following blog posting:

community.dynamics.com/.../how-to-setup-up-an-hsa-health-savings-account-in-microsoft-dynamics-gp

Best Regards,

Jeff