Payroll garnishments - Business Accounting Software Inc. News ...

Payroll garnishments

Are you manually calculating garnishment deductions for employees that is based upon ?disposable earnings?? ?Your OSAS and TRAVERSE software handle this without all the extra manual work.

You can setup a formula for this deduction in the Payroll application and it will automatically calculate the amount for you based upon the garnishment papers. If the employee does not have enough income for the garnishment to be taken, the software knows not to take any deduction.

If you know the total amount the employee owes, you can also set this deduction up as a Declining Balance deduction with that amount and it will automatically stop deducting once the total balance has been reached. ?This also works great for repaying loans the employee owes the company.

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About Lillian Aaron

Lillian Aaron is inspired by small and mid-sized businesses. She understands the challenges they face and the tenacity required to build strong, growing organizations. Since 1983, Lillian has worked with businesses as a business process consultant helping them implement and support leading-edge products that drive efficiency and profitability for diverse clients. Her friendly, one-on-one consulting style helps business owners and managers feel at ease when adopting and learning new technology systems.

Source: http://www.basi-usa.com/open-systems/payroll-garnishments/?utm_source=rss&utm_medium=rss&utm_campaign=payroll-garnishments

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