Costpoint Help

Subtasks of the Manage Deductions Screen

There are several subtasks on the Manage Deductions screen such as the State and Local subtasks.


State Subtask

Use this subtask to designate various choices regarding how a deduction is treated for each state's income tax when payroll is computed. For example, a 401(k) deduction can be subtracted from wages before income tax is computed for some states, and not for others.

Local Subtask

Use this subtask to designate various choices regarding how a deduction must be treated for each locality's income tax when payroll is computed.

Contribution Matching Subtask

Use this subtask when the employer's matching percentage varies based on the percentage the employee chooses to have withheld.

Additional Deductions For Contribution Calculation Subtask

Use this subtask to enter additional deductions that will be the basis of the contribution calculation.

Posting/Vendor Information Subtask

Use this subtask to control the reference numbers that are posted when the Payroll Journal posts the deduction to the G/L.


Parent Topic:

Manage Deductions