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What date determines which fiscal year a payroll deduction is included in

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The employee got a pay check dated 7/1, however, they pay period ended 6/25. The deduction had maxed out for the fiscal year (which ends 6/30) and was not included in the 7/1 check. Is the fiscal year for deductions determined by the check date or the period end date?

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Thomas Franz 1,105 on at

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RE: What date determines which fiscal year a payroll deduction is included in

During the Calculate Checks process, the system uses the User Date for determining the current year (calendar or fiscal) for the sake of apply deduction & benefit maximums. Hope this helps!
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L Vail 65,271 on at

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RE: What date determines which fiscal year a payroll deduction is included in

Hi,

Neither. I believe it's calculated based on when you do the build. I also think that the calendar year maximum controls what the deduction is going to be.

Kind regards,

Leslie