PAYKWIK EARNINGS-DEDUCTIONS

Earnings and Deductions are entered as a three digit number providing for one thousand types and great flexibility in meeting a wide variety of needs. There are 400 Earnings-Ddeductions preassigned in a Master file. Each company can copy those required for its needs into a company pay code file to have a customized and manageable list of authorized unique company codes. Users can design and add additional codes and modify the descriptions of their company codes to satisfy local needs.

Earnings and Deductions may be limited by Start and Stop date and Dollar Amount. They may also be limited to a Fixed Number of pay periods per month in extra pay period months. Deductions can be made to a Fixed Amount per month in 5 week months in this manner. They may also be stopped Temporarliy as needed.

Insurance deductions can be entered and started automatically after a trial period. Employee loans and garnishments can be terminated automatically when paid out. 401K and 403B can be limited to an annual target.

EARNINGS-DEDUCTIONS AVAILABLE:

• Annual and hourly salary, One-half salary overtime, and dock salary pay.
• Compute regular time and one and one-half time overtime or regular plus overtime as regular time and one-half time overtime.
• Double Time.
• Shift differential and automatic hourly premium add-on pay.
• Tips Taxed, Tips uncollected FICA and Allocated Tips.
• Tips Returned for Company Paying the Tax Withholding.
• Piece Work.
• Company Auto with and without Federal withholding.
• Excess Company Insurance with and without Federal withholding.
• Earned and Taken sick, vacation and compensatory time.
• Direct Deposit Prenote.
• Section 457-Non-qualified deferred compensation.
• Moving Expenses Reimbursement (Gross-Up).
• Employee 401K and 403B federally non-taxable income deduction with State withholding by State law.
• Employer contribution of 401K and 403B.
• Gross-Ups for safety and bonus awards and travel refunds.
• Automatic Federal, State and local tax withholding including SDI and employee SUI deductions by State law.
• Extra Federal, State and local withholding.
• Cafeteria Plan non-taxable part 125 Federal deductions with State taxes by State law.
• Profit sharing insurance, Credit Union, Savings, Union dues, Meals, etc.
• Employee Loan deductions and payments.
• Garnishment and Child Support deductions by Federal law with all the legal specifications.
• Federal, State and Local Tax withholding payment.
• Garnishment and Child Support withholding payments by court or Child Support department.
• Insurance and third party agency deduction payments.

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