The name of the deduction you're viewing appears in this field. If you are creating a deduction, enter a name for the deduction in this field.The Linked Payable Account enables you to track amounts withheld from employee paycheques, including amounts you owe to the government and other agencies for employee deductions.Select the type of deduction:
■ User-Entered Amount per Pay Period Select this option if you want to manually enter a deduction amount each time you prepare pays.
■ Equals [x] Percent of [x] Select this option if you want this deduction to be calculated as a percentage of an employee’s wage. Enter a percentage and select a wage from the adjacent list.
■ Equals [x] Dollars per [x] Select this option if you want to deduct a specific amount from employee paycheques each pay run. Enter a dollar amount and select a period—Pay Period, Month, Year or Hour—for which the amount will be calculated.Deduction LimitSelect the Limit:
■ No Limit Select this option if there’s no limit on the amount calculated for each employee for this deduction.
■ Equals [x] Percent of [x] Select this option if the maximum deduction amount is calculated as a percentage of the employee’s wage. Enter a percentage and select the wage category that the percentage will calculated based on.
■ Equals [x] Dollars per [x] Select this option if the maximum deduction is a specific dollar amount over a period of time. Enter a dollar amount and select a time period—Pay Period, Month or Year—from the adjacent list.Click to open the Linked Employees window - Deductions, where you can select the employees whose pay will include the deduction.Click to open the Deduction Exemptions window, where you can select which taxes are calculated after the deduction is calculated in an employee’s paycheque.