Deduction Types

The Deduction Type form contains a default list of all the available deductions, which can be associated with employees or Deduction Groups.  VisionCore automatically includes an extensive list of pre-defined deductions.  You can add, edit or delete deductions as needed using this form.  For a detailed explanation of all the fields on this form, refer to Adding Deduction Types.

Examples of payroll deductions include union dues, loan repayments, employee-paid insurance, and employee contributions to a pension or 401(k) plan.

Within the Deduction Type form you can select, which taxes will be tax exempt for a specific deduction.  It is also very important to select the appropriate Liability Account ID from the Chart of Accounts for each of the deduction types.

Toolbar Buttons

Toolbar Buttons perform an action on the current record like adding, deleting or saving.

The New button will clear the form to allow a new deduction types to be added.

The Save button will save the changes made in the form.

The Find button will enable you to Find deduction types.

The Delete button will delete the selected deduction type.

The Undo button will cancel out the last change/s done to the record reverting it to its older state.

The Update Employees button will mass update all employee deductions and deduction groups with the deduction setup on this form.  See Payroll Mass Update

The Close button will close the form.

Press F1 or click F1-Help button in the Status bar for help on how to use the form..