Very Small Earnings and 100% 401K Deduction. Some Amounts Paid Are Deducted Correctly with Taxes and 401K. Some Amounts Have the 401K Deduction Only. Then Another Amount Will End in Error for the Payroll Run
(Doc ID 2268237.1)
Last updated on AUGUST 15, 2024
Applies to:
Oracle HRMS (US) - Version 12.1.2 and laterInformation in this document applies to any platform.
Symptoms
Have an employee with a very small earnings and 100% 401K deduction. Some amounts paid are then deducted correctly with taxes and 401K. Some amounts have the 401K deduction only. Then another amount will send the payroll in error
STEPS
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The issue can be reproduced at will with the following steps:
1. Statement of Earnings
21-MAR-2017
Employee has 100% Bonus 401k so payroll should take taxes and the rest as 401k When amount is 12.34, or above, it process correctly.
2. Profit Sharing 12.34
FIT Withheld .40
Medicare Withheld .18
SS Withheld .77
SIT Withheld (IL) .06
Union Dues .18
Union Savings 401K Bonus 10.75
NET PAY 0.00
Element Entries
Profit Sharing 12.34
Union Savings 401k Bonus 100%
3. Statement of Earnings
21-MAR-2017
Employee has 100% Bonus 401k so payroll should take taxes with the rest as 401k When amount is 12.17, or below, it sends taxes to arrears and continues processing
Profit Sharing 12.17
Union Dues .18
Union Savings 401K Bonus 11.99
NET PAY 0.00
Run Results
FIT ARR .05
SIT RS ARR .01
MEDICARE EE ARR .18
SS EE ARR .75
FIT_ITERATIVE_ADJUSTMENT Pay Value .00
Amount .99
4. Employee has 100% Bonus 401k so payroll should take taxes and the rest as 401k When amount is between 12.18 and 12.33 the quick pay finishes with an error.
Error was encountered when processing <ASSIGNMENT NUMBER>
ERROR: Insufficient Earnings to take Pre Tax Deductions for Date Earned 11-MAR-2017
Element Entries
Profit Sharing 12.33
Union Savings 401k Bonus
Changes
Cause
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In this Document
Symptoms |
Changes |
Cause |
Solution |
References |