Negative Payroll Transaction

Negative Payroll Transactions requires installation of Microsoft Dynamics™ GP Payroll

Manage Payroll Corrections and Adjustments for Microsoft Dynamics™ GP

Overview

Organizations need flexibility to make corrections and manage adjustments to payroll amounts. Negative Payroll Transactions allows you to enter negative pay code transactions in order to reverse earnings on previous payroll runs. This allows managers to reverse incorrectly paid earnings for previous periods or to make other necessary adjustments.

Reporting

Negative Payroll Transactions entered in the transaction entry window will affect all core payroll reports including the Department Posting Journal and Position Posting Journal.

Integration into Financials

The Negative Payroll Transactions entered in through payroll transaction entry will flow through the entire financial posting process.

NOTE: There are a couple of instances in which negative pay should not be used. In these cases, the amounts may not calculate correctly:

• Pay Codes with different Fed/State/Local Tax codes- The flat or additional amount tax deduction is calculating unexpectedly if based solely on the pay code in the negative transaction.
• Deductions and Benefits – Fixed amount deductions and benefits are calculating unexpectedly if the deduction/benefit is based solely on the pay code in the negative transaction.