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Setting Up an Employee Tax Deferred Plan

Once a tax deferred plan is set up and available, the plan may be tailored to individual employee needs, in the employee’s master record. To add or modify a Tax Deferred code to an employee master record, go to List, and Employees in the menu or click the Employees link in the white area of
EmployeeSetting Uptax deferred
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Payroll Adjustments – Creating a Tax Deferred Plan

This form allows you to manage tax deferred compensation and cafeteria plans for your employees through this option. BIS maintains the following payroll adjustments master record: Additions, Deductions, Tax Deferred and Local Taxes. These adjustments must exist in the master file prior to setting up adjustment defaults in an employee master record or being used
creating. setting upPayrollset uptax deferred
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