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November 30, 2023
Question

4% benefits and retirement savings for employees of gross pay. This is a benefit, not a deduction. How do I set this up in payroll?

  • November 30, 2023
  • 1 reply
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1 reply

November 30, 2023

Hello BSE1,

 

Thanks for joining us in the Community. I'll be happy to show you how to set up a benefit so you can continue to manage your payroll with peace of mind using QuickBooks. 

 

In order to accomplish the goal you've reached out about, I encourage you to follow the steps below as they show you how to successfully set up a contribution:

 

  1. Go to Payroll and select Employees.
  2. Select the employee from the list.
  3. From Deductions & contributions, select Start or Edit.
  4. Select + Add deduction/contribution.
  5. Select an existing Deduction/contribution.
  6. Under the Employee contribution section, select how your deduction is calculated. Then enter the amount or percentage.
  7. Select Save, then select Done.

For more info on this, please check out this article here. I encourage you to give this a try and let me know how you make out. I'll be on standby.