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Imputed Income setup & reimbursement
unknown
I'm attempting to setup a new company paid life benefit and need to gross up the taxable wages then reimburse the amount of the taxes. I successsfully set up the BN15 as a Reportable plan but having a problem on the BN150 getting an error "Employee life code is not noncash" when setting up the time cards = Y.
This will be done on a per pay period basis.
Does anyone reimburse the taxable amount of excess life?
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unknown
Hi Debbie,
Make sure your calculation type on your pay code PR20.4 is set to non-cash.
unknown
Thanks Tom - when I changed the PR20.4 to F Noncash it gave the a message "Noncash must be tied to PIK or tips pay sum". Have you seen this error?
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