Manage Deduction Group Limits
If your company offers multiple types of retirement plans (pre-tax, post-tax, and so on), you can use this screen to apply a limit across multiple retirement plans, if applicable.
To implement this, select a group of deductions and set a dollar limit for the group. This screen is accessible to Costpoint Payroll license users.
Warning: If for any reason, the deduction year-to-date (YTD) amounts go over the deduction group limit (through a manual edit), a negative deduction amount will not reverse the amounts to bring them back to the limit. You must manually adjust the values to correct the amount. This is the same functionality for individual deduction limits.
- Related Topics:
- Display the Manage Deduction Group Limits Screen
You access the Manage Deduction Group Limits screen from the People domain. - Contents of the Manage Deduction Group Limits Screen
Use the fields and options to configure the Manage Deduction Group Limits screen. - Table Information for the Manage Deduction Group Limits Screen
Changes to the Manage Deduction Group Limits screen update several tables. - Subtask of the Manage Deduction Group Limits Screen
The Manage Deduction Group Limits screen has the Effective Dates subtask.
Parent Topic: Deductions