401K / 403b Eligible Compensation Limit Incorrect And Deductions Were Not Withheld
Last updated on DECEMBER 06, 2016
Applies to:Oracle HRMS (US) - Version 11.5.10 to 12.1.3 [Release 11.5 to 12.1]
Information in this document applies to any platform.
Form:PAYWSDBT.FMB - Define Balance
Find that an employee's 401k and 403b deductions were not withheld from the last payroll. The Payroll Process Results>Message for this employee shows 401k & 403b: has reached the Eligible Comp. yearly limit. The compensation limitation is $265,000 for 2016. But the employee's YTD compensation is not over the limit.
Steps To Reproduce:
The issue can be reproduced at will with the following steps:
- US HRMS Manager>Submit processes and report>Run Payroll
- US HRMS Manager>View Payroll Process Results>Query on employee, and deduction was not withheld
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