Fringes are employer paid benefits. For example, you can set up fringes for a Union Health and Welfare plan, pension plan contributions, life insurance, Annuity, and most employer paid workers' compensation. Follow these steps to set up a Fringe ID: - In Payroll, from the Setup menu, select Fringes.
- Enter a new Fringe ID and Description.
- In the Printed description box, type a short description (up to 6 characters) to print on checks, W-2 forms, and other reports where space is at a premium.
- Select the applicable Distribute to check boxes to create entries in interfacing applications.
- In the Expense account box, click List, select the expense account, and then click OK.
Note: Payroll uses a hierarchy to retrieve expense accountsl. For more information, see article DocLink: How do I determine the source of an expense account for my payroll entries? - In the Liability account box, click List, select the liability account, and then click OK.
- In the JC Cost Code box, click List, select the cost code, and then click OK.
Note: This field is optional. If blank, the costs will be prorated based on the cost codes from the employees' time. - In the JC category box, click List, select the category, and then click OK. This item is only available if interfacing with Job Cost and you are using categories in Job Cost.
Note: This field is optional. If blank, the costs will be prorated based on the categories from the employees' time. - Select the Retain YTD totals at close year check box if desired. Click the link below for information on this feature.
- If you want to automatically calculate and add this fringe to all employees when you process payroll, select the Automatic employee fringe check box.
- Select the Certified fringe check box to include this fringe when totaling qualified fringes paid to employees who work on certified jobs.
- If this is a Workers' Compensation fringe, select the Workers' comp table check box to set up a workers' compensation fringe. Click the link below for steps on how to set up a workers' compensation fringe.
- Select the Calc method. Click the link below for information regarding different types of calculation methods in Payroll.
- Enter the Amount or Percent.
- Click Save and then Close.
Note re Aatrix:
To use Aatrix to generate Certified reports, choose a benefit type associated with your fringe. You must also select the Certified fringe check box. How do I Retain YTD totals for my pays, deductions and fringes when closing the year? What are the different types of calculation methods Payroll provides? How do I set up a workers' compensation fringe? |