Need a little help with this one. I am setting up a payroll garnishment for a student loan and also setting up the Payroll to Payables integration. The deduction is based on 15% of earnings and the employee is an hourly employee. The client is taking a $3 administrative fee for each pay run. the total amount is around $10,000
So for example, if the system calculates a Garnishment of 100, $100 is withheld from the check and a $97 check needs to be cut to the creditor - with $3 retained as income. The trick is the garnishment amount changes each period because the employee is hourly and we need to track the total amount of the debt less what has been paid.
Anyone ever run into this or know of a good way to handle this scenario using garnishments.
Thanks!
Joe
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