Fusion Global Payroll (US): 401K Catchup Calculation is not Reducing Taxable Gross
(Doc ID 1954653.1)
Last updated on OCTOBER 06, 2020
Applies to:Oracle Fusion Global Payroll - Version 22.214.171.124.0 and later
Oracle Fusion Global Payroll Cloud Service - Version 126.96.36.199.0 and later
Information in this document applies to any platform.
401k Catchup Deduction is not reducing taxable gross
The issue can be reproduced at will with the following steps:
1. Create a 401k catch up deduction
2. Add the element to an employee via Manage Element Entries
3. Run a QuickPay for the employee
4. Review the balance results for Federal, State, etc. and note it is not reduced by the catch up deduction amount
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