Creating a modeled payment using a deduction cycle

Use this option to specify a deduction cycle for all active employee deductions that are flagged for the cycle to calculate taxes, pre-tax, and after-tax deductions.

  1. Select Payroll Administrator > Off Cycle Processing > Modeled Payments.
  2. Click Create.
  3. Specify this information:
    Employment ID
    Specify the employment ID for the employee.
    Payment Date
    Specify the date for the payment.
  4. Click Save.
  5. Click Get Current Data to populate the fields with the employee’s current data.
    This data includes pay frequency, resident state, local authorities, and federal and state W-4 information.
  6. Optionally, change the data values.
    You can click Clear Form Data to clear the fields and specify data manually.
  7. Click Save.
  8. Click the Time Records panel.
  9. Click Create Payment Model Time Record to specify modeled payment time records for the projected payment calculation.

    These time records are only used by payment modeling. When the modeled payment is deleted, the time records for the modeled payments are deleted.

  10. Click the Deductions panel.
  11. Specify the deduction cycle to calculate the modeled payment.
    The deduction cycle uses the standard employee deductions that are active for the cycle.
  12. Click Model Payment to perform the projected calculation.

    The calculated tax amounts, pretax and after-tax deduction amounts, and net pay are displayed on the Results panel.

    You can alter the input data and recalculate the model payment to view the new results. For example, to change the resident state, click the State Tax panel and update the Tax State field. Save the information and click Model Payment to run the calculation again.