Configure Social Security Employee Elements for Balance Adjustments
You can use either the Elements task or HCM Data Loader (HDL) to define the tax adjustment element for employee Social Security.
Use the Elements Task
You define the element with the same values as your predefined Social Security Employee Tax element, with the exception that you define this tax adjustment element at the assignment level.
Field name |
What you enter |
---|---|
Legislative Data Group |
Select your US LDG, such as My US LDG |
Primary Classification |
Employee Tax Deductions |
Secondary Classification |
Leave blank |
Name |
Enter a meaningful name, such as TA Social Security Employee Tax |
Reporting Name |
Enter a meaningful name, such as TA Social Security Employee Tax |
Description |
Enter a meaningful description, such as Element for adjusting TA Social Security Employee Tax |
Effective Date |
1/1/1951 |
Input Currency |
US Dollar |
Should every person eligible for the element automatically receive it? |
No |
What is the earliest entry date for this element? |
First Standard Earnings Date |
What is the latest entry date for this element? |
Final Close |
At which employment level should this element be attached? |
Assignment level Note: This results in elements processing in the payroll run. If you defined
elements at the Relationship level and not the Assignment level, the
adjustment amounts aren’t reflected in the payroll run.
|
Does this element recur each payroll period, or does it require explicit entry? |
Nonrecurring |
Can a person have more than one entry of this element in a payroll period? |
Yes |
Configure these input values on the element.
Name |
Display sequence |
Special purpose |
Unit of measure |
Displayed |
Allow user entry |
Required |
Create a database item |
Apply default at run time |
---|---|---|---|---|---|---|---|---|
Deferred Compensation 401K Reductions |
80 |
Money |
Yes |
Yes |
No |
No |
No |
|
Deferred Compensation 403B Reductions |
90 |
Money |
Yes |
Yes |
No |
No |
No |
|
Deferred Compensation 457 Reductions |
100 |
Money |
Yes |
Yes |
No |
No |
No |
|
Dependent Care Reductions |
110 |
Money |
Yes |
Yes |
No |
No |
No |
|
Excess Income |
30 |
Money |
Yes |
Yes |
No |
No |
No |
|
Exempt Income |
20 |
Money |
Yes |
Yes |
No |
No |
No |
|
Gross |
10 |
Money |
Yes |
Yes |
No |
No |
No |
|
Other Pretax Reductions |
120 |
Money |
Yes |
Yes |
No |
No |
No |
|
Reduced Subject Withholdable |
60 |
Money |
Yes |
Yes |
No |
No |
No |
|
Section 125 Reductions |
70 |
Money |
Yes |
Yes |
No |
No |
No |
|
Social Security Employee Taxable |
40 |
Money |
Yes |
Yes |
No |
No |
No |
|
Subject Withholdable |
50 |
Money |
Yes |
Yes |
No |
No |
No |
|
Tax Calculated |
130 |
Primary output value |
Money |
Yes |
Yes |
No |
No |
No |
Use the HCM Data Loader
To define the Social Security Employee Tax adjustment element:
-
Define HDL upload files to upload the element and its input values.
-
Define a DAT file with the necessary element details.
For further info, see Example of Creating Earnings Element for Payroll in the Help Center.
-
Define a DAT file for these input values.
These are the same input values as described in the Use the Elements Task section above.
For further info, see Example of Updating Payroll Element Definitions in the Help Center.
-
-
Use HDL to upload the files.
Feed the Balances
After creating the input values for the element, link the element to the balances you intend to update.
Start the Balance Definitions task, and add these input values as balance feeds to the tax balance. Feed these balances at the same time you feed the balances to the parent tax elements.
Feed these balances |
To these input values |
Add or subtract |
---|---|---|
Employee Tax Deductions |
Tax Calculated |
Add |
Net |
Tax Calculated |
Subtract |
Net Payment |
Tax Calculated |
Subtract |
Social Security Employee 401k Reductions |
Deferred Compensation 401K Reductions |
Add |
Social Security Employee 403b Reductions |
Deferred Compensation 403B Reductions |
Add |
Social Security Employee 457 Reductions |
Deferred Compensation 457 Reductions |
Add |
Social Security Employee Dependent Care Reductions |
Dependent Care Reductions |
Add |
Social Security Employee Excess |
Excess Income |
Add |
Social Security Employee Exempt |
Exempt Income |
Add |
Social Security Employee Gross |
Gross |
Add |
Social Security Employee Other Pretax Reductions |
Other Pretax Reductions |
Add |
Social Security Employee Pretax Reductions |
Deferred Compensation 401K Reductions |
Add |
Social Security Employee Pretax Reductions |
Deferred Compensation 403B Reductions |
Add |
Social Security Employee Pretax Reductions |
Deferred Compensation 457 Reductions |
Add |
Social Security Employee Pretax Reductions |
Dependent Care Reductions |
Add |
Social Security Employee Section 125 Reductions |
Section 125 Reductions |
Add |
Social Security Employee Subject Withholdable |
Subject Withholdable |
Add |
Social Security Employee Taxable |
Social Security Employee Taxable |
Add |
Social Security Employee Withheld |
Tax Calculated |
Add |
Tax Deductions |
Tax Calculated |
Add |