Gross Wages Minus Benefits

Feature

Starting in Goldenseal payroll software version 4.1, you can add a Payroll Tax Calculator showing gross wages minus selected benefits. This is useful if you have a 401-K plan and want to show gross minus pension deductions on your W-2 forms or other payroll reports.

Suggested By

User feature request.

How to Use

To set up a calculator showing gross wages minus benefits, follow these steps:

  1. Choose Calculations from the Options menu, and choose Payroll Taxes from the submenu.
  2. Click the New button.
  3. Enter Gross Minus Benefits into the Calculation Method popup field.
  4. Click in the first row of the breakdown table on the right, and enter Benefit Item in the Class column.
  5. Click in the Item column, and enter the 401-K deduction (or any other benefit you want to deduct).
  6. To add more deductions, hit the Enter key to add a row to the table, and repeat steps 4 and 5.
  7. Fill in other details for the calculation.
  8. When you are done, click OK.

To add the new calculator to the W-2 printed form, follow these steps:

  1. Choose Custom Layouts from the Options menu, and choose Printed Forms from the submenu.
  2. Enter Employee Accounts into the Transaction popup field.
  3. Enter W-2 Form into the Print Form popup field.
  4. Click on the Calculator tool (4th row right in the tool palette on the left side of the window).
  5. Click in the layout at the place where you'd like the calculator to appear, and drag a rectangle.
  6. You'll see a list of calculators. Enter Payroll Taxes into the Type popup field at the top of the list.
  7. Choose the new calculator you created in the previous steps, then click OK.
  8. Adjust the position of items in the form.
  9. When you have it the way you'd like, close the layout and save changes.

Technical Details

Programmer note-- code changes in CPayrollRecord::GetTaxFieldTotal and in CCalcPayrollTax.