How to handle Health Benefits in Payroll Module
Posted: Thu Dec 27, 2018 9:12 am
1) Go to Purchases module form the home ribbon | Create New Bill for the Company providing Health Benefits (Must create Contact then make them a Supplier)
2) Total the amount of the bill each month X 12 and divide by the number of payroll entries.
3) Use that amount to deduct from the employee's paycheck - do not take away from employer.
4) GL Adjust from payroll liabilities - employee portion and offset the health insurance expense
2) Total the amount of the bill each month X 12 and divide by the number of payroll entries.
3) Use that amount to deduct from the employee's paycheck - do not take away from employer.
4) GL Adjust from payroll liabilities - employee portion and offset the health insurance expense