The Deductions and Benefits screen allows you to control non-statutory deductions and benefits. Deductions are amounts subtracted from the employee's pay. Benefits are amounts paid by the company on behalf of the employee.

For example, if the company has a pension plan where 5% of earnings are deducted from the employee and the company matches or contributes 5% to the plan, the company contribution is referred to as a benefit. Both the Deduction and the Benefit are defined using this screen.

You may have a situation where there is both a deduction and a benefit, perhaps or one and not the other. Select only those items that apply.

There are several advantages to entering the benefits into eNETPayroll: a) in some cases the benefit may be taxable and therefore will affect the net pay, b) when you report or make payments to the supplier of the service, you must include the company portion, c) in some cases the benefit may appear on a T4 or T4A, d) eNETPayroll will also allocate these costs to all the areas where an employee worked.

Deductions and Benefits - This list displays the Deductions/Benefits that are defined for this payroll. When an item is selected, its information is displayed in the fields to the right of the list.

Items can be added to this list by clicking on the New button. See the New Deduction/Benefit Help topic for more information.

Deduction/Benefit Information

Name - This field displays the name of the currently selected deduction/benefit. You can change this name by making the desired modification, then choosing the Save button.

Short Name - Enter an abbreviated description of the deduction/benefit. The short description will be used by the system when space restriction is limited, such as when printing on the employee's pay stub.

Alternate Name - Enter an alternate name for the deduction/benefit. The alternate name can be used for the program's Alternate Language feature (e.g. to display the deduction/benefit name in the appropriate language of each employee).

Short Alternate Name - Enter the short version for the alternate deduction/benefit name. The short name will be used when space restrictions are limited for displaying or printing.

As Deduction - Check this box if a deduction element is present.

Status

Enable - Activates the deduction for use with this payroll.

Disable - Deactivates the deduction. Choosing this option will prevent the deduction from being used in this payroll.

T4 Box - Choose the T4 box to which this deduction will apply.

Registration Number - If this deduction is a Registered Pension, enter the Registration Number for the T4.

Calculation Method (Deduction) - Select this button to open the Deduction Calculation Method dialog box so you can define the parameters for the deduction.

As Benefit - Check this box if a benefit element is present.

Status

Enable - Activates the benefit for use with this payroll.

Disable - Deactivates the benefit. Choosing this option will prevent the benefit from being used in this payroll.

T4 Box - Select the T4 box in which this benefit will appear.

Calculation Method (Benefit) - Select this button to open the Benefit Calculation Method dialog box so you can define the parameters for the deduction.

New - Opens the New Deduction/Benefit dialog box so you can enter the name of the new item.

Save - Saves the current changes. Note: If you do not Save your changes, they will be discarded when you leave this tab.

Delete - Deletes the current selection.

Cancel - Cancels the changes and reloads previous information.

Help - Opens this help page.