An employee garnishment can be set up a number of ways depending on your state requirements. Some garnishments are simply percentages of adjusted gross. They can also be set up as a set percentage of the remaining net of the paycheck after taxes. Check with your accountant on the proper method of calculating a garnishment in your area.
There are three steps to this procedure:
- Set up the garnishment formula.
- Set up the garnishment employee payroll field.
- Apply the garnishment formula to the garnishment employee payroll field.
Note: If you do not subscribe to one of the Sage Business Care plansyou cannot set up or use payroll formulas within Sage 50. You can still set up the garnishment employee payroll field, but you will have to manually enter the garnishment amount on the paycheck.