- Payroll deductions for health benefits, retirement savings plans, garnishments, etc. are added here.
- Once they are entered at the company level, they are available to add to employees.
- Menu: Company>Deductions
- Deductions are entered based on specific deduction types. The type of deduction selected is very important as it drives the taxing of the deduction.
- Deduction Codes and Names are listed on payroll reports and employee pay stubs.
- Existing deductions can be edited to update information or end them.
- Garnishments can be set up to be collected and paid by TRAXPayroll.
- Deductions ended at the company level will automatically stop taking on employees even if their individual employee deduction is not ended.