Editing Employee Deductions on a Paycheck
Based on the payroll items selected for the employee, NetSuite applies deductions against the employee’s pay. Deductions are as 401(k), health insurance, union dues, credit union deposits, and so on. Existing lines in the Deductions subtab are editable. However, unless you need to reduce an amount, you should add new lines. New lines are always treated as manual entries. When you recalculate, manual entries are untouched, but, in certain circumstances, values that are calculated automatically can be cleared and recalculated.
NetSuite adjusts the value of a manual entry to the limits allowed for a particular payroll item.
For example, in your payroll, the system generates an earning item of $40,000 for a sales rep who closed a very large deal. This employee wants to increase a 401(k) deduction from the usual $500 to $13,000 for this payroll. You modify the amount for the deduction item and then save the paycheck. During batch recalculation, NetSuite reduces the $13,000 value to $10,500 to ensure that the annual 401(k) allowable employee contribution limit is not exceeded.
If you make a change on this subtab, you may also want to permanently change this deduction item on the employee's record.
To edit employee deductions on a paycheck:
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While editing a paycheck (see Editing an Individual Paycheck from a Payroll Batch), click the Deductions subtab.
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In the Deductions field, select a deduction item assigned to this employee.
For example, you may have been requested to increase the amount of the employee’s 401(k) contribution.
The read-only Wage Base field displays the employee’s base pay amount.
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In the Amount field, enter the amount of this deduction payroll item.
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Click Add.
Note:For each new deduction item that you add to this paycheck, the value in the Manual Entry field is Yes.
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Repeat these steps to add more deduction items for this employee.
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When you are finished, click Save.