Maintenance By Calendar Year
The Maintenance By Calendar Year screen enables users to create Tax Tables and Retirement Deferral Limits.
1. In the Payroll menu, click Maintenance By Calendar Year.
2. Select the working Year from the pull-down for which changes are to be made or data is to be reviewed.
3. Click the Tax Tables tab to set up taxes, which is based on Payroll > Deduction > Taxes tab.
4. Select the type of Tax from the pull-down, such as Federal Withholding.
5. Select the Frequency to determine how often taxes are to be deducted from employees' pay.
6. Select the Marital Status for which taxes to be reviewed or set up.
7. Enter the Starting Wage Base and Max Wage Base, if applicable.
The Starting Wage Base is a minimum amount of money made by the employee that must be met in order to be taxed for select tax deductions. For example, employees will not be taxed unless they make at least $120,000.
The Max Wage Base is an amount of money made the employee that determines that the employee no longer should be taxed for select tax deductions. For example, employees will be taxed until they start making $90,000; once they reach that max amount, they no longer have to pay the select tax.
8. Enter Each Withholding Allowance amount to determine the exemption that reduces how much income tax the district deducts from the employees' paychecks.
9. Enter the Over amount, the Base Tax, and the Precent. If the employee makes Over the specified amount, the base tax or the percentage entered will be deducted from their pay.
1. In the Payroll menu, click Maintenance By Calendar Year.
2. Select the working Year from the pull-down for which changes are to be made or data is to be reviewed.
3. Click the Retirement Deferral Limits tab to set a limit on how much you can defer (limit); i.e., to set retirement deferral limit.
4. Select the Plan Type from the pull-down, such as 401(k) Roth, for which a limit is to be set.
5. Select the age group for which limitations are to be set for the selected plan type from the Under Age pull-down; options include Under Age 50 or Over Age 50.
6. Enter the contribution Limit in the provided text box.
7. Press the Enter key to save the contribution limit.
To edit data, click the pull-down and change the selection made or click the text box to edit the Limit.
Click the Excel icon in the Export section to export the table of data to an Excel spreadsheet, which can then be saved to your computer.
Click the Printer icon to print the table of data.
Click the Filters button to filter data and apply filter rules.
a. To add more than one filter to a column, click on the green plus sign.
b. To delete an added filter, click on the red minus sign.
c. Select the gray arrow for additional filtering rules.
For more information on how to use the Filters feature, see the Filters document.
Use the Filter text box located in select pull-down to quickly find a selection. Begin typing the name or number of the data in question to pull it to the beginning of the list.
Click the Check all visible link to select all options in the pull-down. Click Clear selected to remove any selections made in the pull-down.
If there are multiple pages of data, click the Prev and Next buttons to sift through pages. You can also enter a number in the Page text box to jump to a page.
You can also sort data by clicking on any of the headers. Click once for ascending results; click twice for descending results.
