Paid Family Leave seems to be calculating over the limit

Summary

Family Leave Insurance appears to calculate over the wage limit in Sage 50 Accounting.

Resolution

The Paid Family Leave formulas are based on adjusted gross. This means that any pre-tax deductions affecting the St_FLI_EE or St_FLI_ER field subtract from Gross before the Paid Family Leave formula calculates. Verify that the Adjusted Gross for the Paid Family Leave formula includes no pre-tax deductions.

Employee contributions:

  1. Select Maintain, Default Information, then Employees.
  2. Select the Employee Fields tab.
  3. Select the Adjust button for the St_FLI_EE row.
  4. Verify that the adjustments are correct. If not, make the necessary changes.

Employer contributions:

  1. Select the Employer Fields tab.
  2. Select the Adjust button for the St_FLI_ER row.
  3. Verify that the adjustments are correct. If not, make the necessary changes.
  4. Click OK.

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Solution Properties

Solution ID
230721230423370
Last Modified Date
Fri Jul 21 23:04:23 UTC 2023
Views
0