Payroll Adjust Company Definitions & Factors
- Payroll
- Setup/Utilities
About
Company Definition Factor Maintenance is used to change factors defined on a company wide level. Example factors are:
- 401K Annual Limit
- 401K "Catch Up" Limit
- 401K Company Match Limits and Percentage
- State Suta Limits and Rates
Using the Program
This program list all definitions with a Factor on a grid. For each factor a description and the factor value columns are added. Simply modify any factor values as needed and hit OK to save.
Example of setting the 401k limit as part of year end:
