OSAS – Create 401K Catchup Deduction – 2002

This should be done in the 2002 data files. This deduction should be added to each company you are running.

Setup the deduction code.

Payroll

Codes Maintenance

Deductions

New Code 451

Description 401K Ded CU

Empl No

Gl Acct ????

Def Comp Yes

Gross Pay Yes

Edit the withholding tax treatment after adding the new code.

Payroll

Codes Maintenance

Withholdings

Federal FWH Federal Withholding

State SWH State Withholding

Local LWH Local Withholdings (All Local Codes in use)

Locate the withholding code 451 in the left lower box.

Use page down and down arrow key to move the

cursor to the > sign next to the deduction.

Press Enter to turn Exclusion to YES.

Press F5 to exit