Payroll Tax and Deduction Details

The portal imports the payroll provider's completed tax and deduction amounts. Employee taxes reduce net pay. Employer taxes and employer benefits add to employer cost. Individual components, such as federal withholding or a benefit deduction, appear when the source provides a complete breakdown.

Payroll does not calculate withholding, apply tax rates, file payroll returns or make tax deposits. Continue those services through the payroll provider.

A withholding amount establishes a liability; it does not establish that a deposit was made. During entry preparation, enter confirmed remittances for the payment date and keep unpaid amounts in their liability accounts.