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Chapter 2. Setting Up and Using Payroll ... > Setting Up Payroll Deductions

Setting Up Payroll Deductions

Employers deduct a variety of amounts from employee pay. In addition to payroll taxes, there can be deductions for contributions to a disability plan, health insurance plan, 401(k) plan, fundraising organization such as United Way, cafeteria benefit plan, and more. The process for setting up each of these items is similar. For this example, we'll look at the procedure for setting up a payroll deduction for contributions to a 401(k) plan.

Set Up Payroll Deductions

Select Payroll Item List from the Lists menu, or click the Payroll Items icon on the Employee Navigator.

Click the Payroll Item button and select New, or press Ctrl+N.

Select Easy Setup.

Click Next.

Click the Continue button at the bottom of the window until the list containing 401(k) appears.

Check the box next to 401(k). Note: You can check other payroll deduction items at this time as well.

Click Create.

Click Continue.

Click Finish.


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