Voluntary Deductions

Overview:

The Voluntary Deductions window allows you to assign a non-statutory deduction to an employee. PENTA automatically takes deductions assigned to employees from wages during payroll processing based on individual deduction parameters. To utilize this screen both: An Employee Master record and a Master Deduction record needs to be set up ahead of time. Information from the Master Deductions window defaults when you assign deductions to employees; however, you can override this default if necessary for individual employees.

Benefits:

• Once a Voluntary Deduction is set up, pay processes will automatically take the given deduction for the given employee, as long as that voluntary record is relevant.
• Enables Direct Deposit of an employee's pay to multiple accounts.
• Allows users to set up a voluntary record using defaults from a Master Deduction, thus enabling future changes to the master to propagate to the voluntary record.
• Enables users to automate a large part of their weekly payroll processes.

Roles:

• Payroll Manager
• Payroll Clerk
• Controller
  
• Assistant Controller

Additional Content

• Remove automated expiration dates on Voluntary Deduction
• Will changing the amount field on a master deduction update the amounts on voluntary deductions?

Location:

• Payroll> Employee> Voluntary Deductions

Video: