A new field has been added to the Deduction Type file (PAYDTYP) for Exclude from Benefit Statement. If you’re planning to use the new Total Compensation Statement (see separate announcement), you should turn on (check) this flag for any deduction types (that are applicable to employer-paid deductions) that you doย notย wish to be included in the statement. Please note that the INS>50K deduction type isย automaticallyย excluded from the Total Compensation Statement (as it is imputed income for tax purposes).
Product Date:ย Wednesday, December 18, 2013