Payroll - ChMS | Church Windows Software

Payrol l

Oregon Workers' Benefit Fund (Rev 3/21

The Oregon Workers' Benefit Fund may be added to Payroll by creating a Deduction. Go to Payroll>Data Setup>Deductions File. ? Click Add and in Description create Oregon Workers'

Benefit Fund. ? Check the Misc. State Tax. ? Under Tax Rate and Annual Limit add the Rate

0.011% and check Based on Hours Worked. ? .Click OK, then Apply and OK.

Go to Data Setup>Employee File choose the applicable employee's record, click the Deduction tab and select the deduction for the Workers' Benefit Fund then the preset percentage appears. Click Apply and OK.

NOTE: If you pay the tax on behalf of your employees, use Calculate Bonus to include the employee's portion in taxable wages. See Page 3 for instructions.

Page 2

Oregon Workers' Benefit Fund (Rev 3/21)

If you transfer Payroll to Accounting, create a liability account for Workers' Benefit Fund in Accounting or use the same liability as other state deductions because this will be a combined payment.. In Payroll, go to Sys Admin>Account Number Setup>choose the employee>click on the Deductions tab>click in the blank space under the Account and a drop arrow will appear. Choose the liability account. Repeat for each employee.

?Click Apply and OK

Page 3

Oregon Workers' Benefit Fund (Rev 3/21)

If the church pays both their portion and the employee's portion of the Workers' Benefit Fund, the amount paid on behalf of the employee is considered taxable income to the employee. Go to Payroll>Payroll tab>Calculate Bonus>choose the Date.

? Calculate Bonus Payment 2 ? Click Specific Employee/Contractor, Clear All and choose the applicable employees.

? Calculate Bonus Payment 3 ? Fill in the amount of the employee's portion of the Oregon Workers' Benefit Fund,

? click on Gross-up Income ? Calculate Bonus Payment 4 ? Click Next ? Calculate Bonus Payment 6 ? Leave everything checked and click Finish.

On the Print Checks/Assign Check Numbers screen, assign a bogus check number and click the Check Printed box. Click Next. YES, highlighted checks printed correctly will be checked, this way no checks will print. Click Finish. On the Transfer to Accounting screen, change the Gross/Account Debited to the Oregon Workers' Benefit Fund. Then change the Checking Account/Account Credited to the Oregon Workers' Benefit Fund, which creates a wash.

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download