20% deduction of gross wage

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20% deduction of gross wage
« on: May 26, 2020, 11:14:42 AM »
Problem

You need to temporary deduct form the gross wage.

Solution

Create a new wage code.

Deduct form the fixed salary

1) Start Payroll 4
2) Click on "Company info & Options"
3) Click at "Add" on "Wage code"

The Wizard starts.

For example, enter the following information:

Code name: DS20
Description: "Deduction 20%"
Code type: "Overtime (not SVB wage)"
Compute amount: "Percentage of salary" and "-20"%
Book: Debit

You can now book the new wage code at "Mutations" to make the deduction.

Deduction from hourly workers

Code name: DH20
Description: "Deduction 20%"
Code type: "Overtime (non SVB wage)"
Compute amount: "Percentage of hourly wage" and "-20"%
Books: Debit

For every working hour that you book at "Mutations", you book the same amount hours of "DH20 - Deduction 20%".

Deduct down to the minimum wage

After the wage deduction, the wages should not fall below the minimum wage. In those cases the deduction will be less then 20% and the amount must be calculated manually.

1) Start Payroll 4
2) Click on "Company info & Options"
3) Click on "Wage code" at "Add"

The Wizard starts.

For example, enter the following information:

Code name: DSXX
Description: "Deduction salary"
Code type: "Overtime (no SVB wages)"
Compute amount: "To be determined amount"
Books: Debit

You can book the wage code at "Mutations". You must then enter the correct amount yourself, so that the salary does not fall below the minimum wage.

Explination

By selecting the code type "Overtime (non SVB wage)" instead of "Normal wages component", the ZV/OV wage and premiums remain unchanged.
« Last Edit: June 25, 2022, 04:51:40 AM by Support »