Hi, our payroll department is processing executive bonuses and they are using a one time deduction in conjunction with the employee's PR14 deferred comp deduction as an easy way to defer additional $$$ on the bonus (so they don't have to change PR14 to the larger amount, and then change it back). When they run a PR140, the one time deduction pulls in, but they are getting unexpected results with the 401k, where it is not taking out the full employee contribution amount. But - if they delete the one-time, change the PR14 to reflect the full deferral amount, and run a PR140, they get the results they expect. Has anyone seen this before? My understanding is that PR140 processes the "regular" deductions first, and then the one-times, and that one-times are "all or nothing". So I would think that, if anything, it would take the full 401k deferral first, and then if that did not leave enough $$$ to take the one-time deferral amount, it would not take the one-time deduction at all. But instead, the 401k contribution is being decreased, or not taken at all.
