aflach
Technical User
- Jun 19, 2003
- 1
how do i pre-tax deductions in peachtree? aka aflac?
Tek-Tips is the largest IT community on the Internet today!
Members share and learn making Tek-Tips Forums the best source of peer-reviewed technical information on the Internet!
-
Congratulations bkrike on being selected by the Tek-Tips community for having the most helpful posts in the forums last week. Way to Go!
pretax deductions
- Thread starter aflach
- Start date
- Status
crystalpro
Technical User
If AFLAC is exempt for Federal Withholding:
1. Select Maintain, Default Information, Employees, EmployEE Fields tab
2. Select the Fed_Income payroll field
3. Click on the ADJUST button for the Fed_Income row
4. Put a check mark in the USE box for AFLAC under the EmployEE Field Names
5. Click OK
6. Click OK again to save your changes
This tells Peachtree to calculate the gross, then deduct the AFLAC amount, then figure the Federal Income Tax from the net amount (Gross-AFLAC=Net Taxable Gross)
1. Select Maintain, Default Information, Employees, EmployEE Fields tab
2. Select the Fed_Income payroll field
3. Click on the ADJUST button for the Fed_Income row
4. Put a check mark in the USE box for AFLAC under the EmployEE Field Names
5. Click OK
6. Click OK again to save your changes
This tells Peachtree to calculate the gross, then deduct the AFLAC amount, then figure the Federal Income Tax from the net amount (Gross-AFLAC=Net Taxable Gross)
- Status