Washington Paid Family Medical Leave - Setup
To do this, we need to create (3) Pay code categories:
- Premium code – as a benefit – to calculate as a formula for the .4%
- Employer Share – as a benefit – to calculate as a formula for the 36.67%
- Employee Deduction – as a deduction – to calculate the 63.33%
Premium Code (Benefit)
First we need to setup a benefit code to handle the premium
Go to > Setup > Payroll setting > Payroll Category / Click (+) at the top
(Show on Edit Paycards optional flag but nice to see it working as a calculation to start)
Setup like below (you can choose an appropriate category code)
Formula needs to be .40% of all the payroll categories that this tax attracts (ie Salary, hourly, overtime etc). Setup as per below in the Formula.
Employer Side (Benefit)
Go to > Setup > Payroll setting > Payroll Category / Click (+) at the top
Setup like below (you can choose an appropriate category code)
Enter formula as per below
Employee side (Deduction)
Go to > Setup > Payroll setting > Payroll Category / Click (+) at the top
Setup like below (you can choose an appropriate category code)
Enter as per below. Entered like below so it calculates for employee side first.
Setup in the Employee Masterpaycard
Go to Employees>Masterpaycard>select employee
Add the Benefit code (Employer side) to the employee. Factor is 100%
Add the Premium Benefit code (Total Premium) to the employee. Factor is 100%
Next, add the Deduction (employee side)
How it looks in Edit Paycards
Edit Paycards result:
