Deduction (PR05.1)
Use Deduction (PR05.1) to define deductions, and how the system calculates the deduction amount. You can define deductions for items subtracted from an employee's pay such as federal tax, state or province taxes, insurance, pension plans, and so on.
You can also define deductions for company-paid items and the company's portion of insurance.
Processing Effect
Deductions that affect an employee's gross pay and, optionally, company-paid deductions appear on payments and direct deposit receipts created by PR160 (Payment Print). All deductions, employee and company-paid, print on PR140 (Earnings and Deductions Calculation).