Benefits / Deduction

  • Benefits / Deduction

    Posted by DSC Communities on January 31, 2017 at 9:19 am
    • Tamara Sullivan

      Member

      January 31, 2017 at 9:19 AM

      We have an employee who is out of the office on short-term disability. She is not receiving compensation from the company, but still receiving health, dental, and L&D benefit coverage. She is reimbursing the company for her portion of the benefits (health and dental only). Is there a way in GP to show the benefit and the deduction through a payroll so that these amounts reflect in our liability account and makes year-end reports accurate?

      Thank you for your help.

      Tammy

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      Tamara Sullivan
      Senior HR Generalist
      H&W Computer Systems, Inc
      Boise ID
      ——————————

    • Maureen Martin

      Member

      January 31, 2017 at 12:44 PM

      Hi Tamara,
      We run into a similar situation when our Full-time Roofer is laid off for the winter but he continues to be covered by our Health Insurance.

      What we do is to use the Payroll module to post a Manual Adjustment.  The path to access is is HR/Payroll > Transactions > Manual Checks.  Then select the “Adjustment” radio button at the top of the first Window, shown below. (An Adjustment can be posted without generating a paycheck.)  
       

      The adjustment records the Benefit.  (Debit Benefit Expense, Credit Liability). And the Benefit will be shown on the employee’s account.
      I hope this provides what you need. 
      Maureen

      ——————————
      Maureen Martin
      Finance Manager
      Home Repair Services
      Grand Rapids MI
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    • Tamara Sullivan

      Member

      February 1, 2017 at 9:25 AM

      Maureen,

      Thank you for the information. I will give that a try!

      Tammy

      ——————————
      Tamara Sullivan
      Senior HR Generalist
      H&W Computer Systems, Inc
      Boise ID
      ——————————
      ——————————————-

    DSC Communities replied 7 years, 5 months ago 1 Member · 0 Replies
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