Reviewing Taxable Benefits for Tax Alteration Deduction Codes
This section provides an overview of taxable benefits for tax-alteration deduction codes and lists the pages used to review taxable benefits for tax alteration deduction codes.
|
Page Name |
Definition Name |
Usage |
|---|---|---|
|
Create Deduction Data |
GENL_DED_DATA |
Review the general deductions created by Benefits Administration for tax alteration management. |
When the Benefits Administration Open Enrollment or Event Maintenance process finalizes an employee's elections, the system creates a taxable benefit General Deduction Data record for each individual tax-alteration deduction code specified on the Credit Allocation table.
You use the Review General Deduction page to review taxable benefit deduction data. On the page no amounts specified on this record; it exists solely to facilitate payroll processing of taxable-benefit deduction amounts to the paysheets if credit earnings do not cover the entire cost of variable taxation benefit plans.