View Full Version : 401(K) deduction ???
SBT136
04-15-2002, 07:46 AM
I have a client setting up from scratch. He has hourly and salary employees and some of these employees contribute a fixed amount and some a % amount. I cannot figure out how to setup employees each way. The consistent thing is that employer matching is always 40% of the contribution. All help greatly appreciated.
dringstrom
04-15-2002, 02:04 PM
Have you looked at the Peachtree manual? It actually does a pretty good job of explaining how to set this up. It's always my first reference source, as I only do about one or two of these a year.
Hope that helps!
SBT136
04-15-2002, 04:41 PM
I did look at the manual thouroughly as well as the online help resources, all of which talked only about the % contribution. I did find out by playing with it that you can add a "flat rate" contribution through the Employ_EE tab. (the % rate is setup through the GENERAL tab. The problem with setting up the the flat rate through the Employ_EE tab is that it ignores the employer contribution and I am told that you have to customize reports to get the information out. I am trying to think of work arounds for those two things. Ideas??????
Did you find a work around to this problem?
Is there a way to used a fixed amount deduction on Peachtree payroll and have it use the employer matching tax tables and the employee tax table formula to make sure employees get their match and don't exceed the contribution 11,000 max?
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