Percentage of Gross Pay deduction is calculating incorrectly after updating to The Financial Edge 7.87

 After updating to The Financial Edge 7.87, all percentage of gross pay deductions are calculating incorrectly.
Download and install the latest patch, which contains all fixes from previous patches. If you are running an older version, download and install the latest version and then the patch. 

This is due to an update in the system that added the ability to include other deductions in the calculation of the gross pay.  Employees default to having all deductions included in this calculation, which will need to be changed.

This can be changed through the following steps:

1. Open the employee record and go to the Compensation/Deductions tab.
2. Open the deduction and change Deductions from "All" to "None" in the "Include these pays and benefits in percentage of gross:" section. 
NOTE: If this is already set to None for both, the Save and Close will still refresh the Deduction.
3. Save and close the deduction.
4. Save and close the employee record.

or

1. Go to Payroll Processing and Open Create Group Assignments.
2. Select "Assign new records to employees."
3. Select Deduction from the "Assign New" drop down.
4. Select the appropriate Deduction ID and click Edit Deduction.
5. Go to the Restrictions tab and ensure Deductions is set to "None" on the "Include these pays and benefits in percentage of gross:" section.
NOTE: If this is already set to None for both, the Save and Close will still refresh the Deduction.
6. Save and Close the deduction record.
7. Set the Effective date to the current pay period end date.
8. Select the current deduction from the "Expire this deduction:" drop down and select an effective end date as a day prior to the current pay period end date.
*Optional - Select "Currently have the record assigned" checkbox to only show employees that currently have this deduction.
9. Go to the Assignment Grid tab and enter the appropriate amounts for each employee.
10. Click Process Now.
 

Environment

 7.87.164
 7.87.164, patch 1

Was this article helpful?


Thanks for your feedback! Did this solve your issue?

Comments (optional):


Thanks for your feedback!
We're glad it was helpful but sorry it didn’t solve your issue. If you need assistance, click Chat with Support below.
We’re sorry to hear that. Please tell us why.

 I don't like how this works.

 The answer is confusing.

 The answer didn't match what I was searching for.

Additional Comments (optional):


Thanks for your feedback! If you need assistance, click Chat with Support below.
Thanks for your feedback. Help us make our products even better by sharing details in our Idea Banks or our online Community.
Thanks for letting us know. We'll work on clarifying the information in the article. If you need assistance, click Chat with Support below.
Thanks for letting us know. We'll work on updating the search engine to return more relevant results.