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April 10, 2020
Question

How do you set up pension deductions in online advanced?

  • April 10, 2020
  • 1 reply
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1 reply

April 10, 2020

Hello there, t-rees. 

 

Let me guide you how to set up pension deductions. To start, refer to the steps below to create a deduction category for pension.

 

Here's how:

  1. Click Payroll Settings, then Deduction Categories.
  2. Select Add
  3. Enter a name for the deduction category.
  4. Press whether it will be a pre-tax or post tax deduction.
  5. Add an external ID and select the NMW/NLW Calculation Impact as required.
  6. Hit Save

Next, add pension to the employee's record, so that it will appear when you process pay run in QuickBooks. To do that, go to the employee's profile, and select Pay Run Inclusions

Click Add and select the deductions you need for the employee, then complete the information needed. Once done, click Save

 

Once you’ve set up the pension deductions, you can check its summary in the Pay Run Inclusions screen.

 

Additionally, I recommend visiting the following article to know how to automatically submits information to workplace pension providers, self-service portal for employees, and timesheet: QBO Advanced Payroll.

 

Feel free to hit that Reply button if you have additional questions. Have a great day ahead.