Company match deduction creation for Fixed match calculation

The schedule would look like this:

Percent Match percent Amount
0-4 50.00* $500.00
5-10 25.00* $1,000.00

* This field can be defined as 50% or 5% depending upon the Calculation Type on the deduction in Deduction (PR05.1). See How do I Define Benefit Contributions?.

The deduction is created in Employee Deduction (PR14.1) as shown here:

Niki contributes 3%, which is within the first range on the schedule (between 0% and 4%). The company match deduction is created as shown in this table:

Amount or percent Balance type Balance
50.00 D $500.00

Mike contributes 7%, which is within the second range on the schedule (between 5% and 10%). The company match deduction is created as shown in this table:

Amount or percent Bal. type Balance
25.00 D $1,000.00