Using Negative Deductions in Microsoft Dynamics GP (with video)

Question:  I use manual check entry in (Microsoft Dynamics GP) to re-pay a deduction that was taken in error.  Is there a better way to do that? 

Answer:  Yes, use a negative deduction!

 

Question:  I use manual check entry in (Microsoft Dynamics GP) to re-pay a deduction that was taken in error.  Is there a better way to do that?

Answer:  Yes, use a negative deduction!

Question:  I use manual check entry in (Microsoft Dynamics GP) to re-pay a deduction that was taken in error.  Is there a better way to do that?  Answer:  Yes, use a negative deduction!

Watch this video and see how I do this in Microsoft Dynamics GP.

 

 

During a recent GPUG payroll training class I was asked about how to handle negative payroll deductions.  A couple of attendees offered up that they pay the employee a $0.01 pay check.  I took this process a step further in my video by utilizing Piecework.

Another way around it is to pay the employee for one hour of time and deduct that one hour on the next pay check.  This would be a good method if you are dealing with a TSA (Tax Sheltered Annuity) deduction.

Author: Belinda Allen

Belinda Allen (Microsoft MVP) is both a Microsoft Certified Professional for Dynamics GP (MCP) and a Microsoft Certified Trainer (MCT). She is also the co-founder of Smith & Allen Consulting, Inc. (www.saci.com), a business management software consulting firm for over 24 years. Belinda began implementing ERP systems so long ago that Windows was not an operating system, but an application. Larger businesses used old Main Frames with monitors that were Green and Black and smaller business did accounting by hand. Having seen the evolution that has taken place over the years from pieces of paper to analytics, Belinda still gets excited every time she helps a business improve. Belinda is also well known for her Blog www.BelindaTheGPcsi.com. Her blog is about sharing really useful information about the product quickly and succinctly. She has earned the nickname GP CSI because she excels at reviewing GP problems and figuring what went wrong and why. With followers all over the Globe she is able to share knowledge and achieve her mission: “To Improve the Lives and Business Success of my Followers.” In her time off, Belinda enjoys sailing, woodturning, crochet/knitting, sewing/quilting, reading and playing the ukulele (Belinda often participates in Ukulele Jams in NYC.)

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