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Microsoft Dynamics SL (Archived)

Employee deduction with taxable employer match

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Our company is implementing a stock purchase plan with an employer match based on a percentage of the employees purchase.  The employee stock purchase is set up as an after tax deduction.  We can set up the employer match as a deduction based on the employee deduction but are stumped as to how to add this amount to taxable wages.  Is there a way to do this?

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  • Suggested answer
    Thomas Franz Profile Picture
    1,105 on at
    RE: Employee deduction with taxable employer match

    Hi Warren,

    Going to make an assumption. You are going to setup the employer match as a "benefit" based on the employee deduction, correct? If so, you just need to ensure that the Benefit code is setup as "Subject to" the applicable tax types (e.g. Fed, State, etc.). Hope this helps!

    Regards,

    Tom Franz
    Integrity Data

  • Thomas Franz Profile Picture
    1,105 on at
    RE: Employee deduction with taxable employer match

    Warren, just realized I answered this as though you were using Dynamics GP, not SL. It may be similar in SL, but I am not an SL payroll expert.

  • Community Member Profile Picture
    on at
    RE: Employee deduction with taxable employer match

    I appreciate your willingness to help.  Thanks.

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