Overview:
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Information defined at the Master Reimbursement level will default when assigning the Master Reimbursement to the employee via the Voluntary Reimbursement window. Ultimately the default information can be overridden at the voluntary reimbursement level, however, once overridden, changes at the Master Reimbursement level will no longer trickle down to the voluntary level.
Benefits:
- Setting up Master Reimbursements provides PENTA the needed information to automatically calculate all recurring reimbursements as part of the gross to net process
- Controls how the reimbursement will be considered for tax purposes, for example, add the reimbursement before or after taxes are calculated and indicate if there are any exceptions for each tax type (FIT, FICA, FUT, SIT, SUT, SDI, SUI, WC, PL)
Roles:
- Payroll Manager
Additional Content
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- Payroll > Setup > Deductions, Reimbursements and Other Compensation > Master Reimbursements
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