Common Deduction Limits in Sage 300 Payroll are designed to be used in situations where an employee has multiple payroll deductions that must be based on a single limit. Two of the most frequent uses for Common Deduction Limits are for:
- Employees with multiple garnishments; such as Child Support payments.
- Employees with multiple retirement accounts
Note: Common Deduction Limit groups will only create combined deduction limits for employees who already have the applicable deductions assigned. If an employee is included in the Common Deduction Limit group (by way of Selection List or by including all employees in the group), and that employee does not already have the relevant deductions applied, the Common Deduction Limit process will not add the deduction to the employee.
Common Deduction Limits are set up from
Using Common Deduction Limits
You can use this window to:
- Define new deduction groups
- Edit or delete existing deduction groups
- Assign a selection list to a deduction group
- Define the annual maximums
- Define the deduction codes included in the deduction group
You can associate multiple deductions based on a single limit and ensure that each employee deduction does not exceed defined combined deduction maximums (for example, multiple garnishments, retirement plans, and union dues).
The deduction group contains the deduction codes which are combined for a single limit. When the defined maximum is reached for the deduction group, the system will no longer deduct the amounts for the defined codes.