Deductions and Taxes Payable

The Deductions Payable and Taxes Payable options in Payroll are used to view the amounts that are due to a payee for a specific deduction or tax, or to enter an override payment if a check is to be written during a check cycle for a different amount than what is withheld and expensed for a specific deduction or tax. An example of using an override payment is if a deduction needs to be withheld from employees over a nine-month period, but the check must be written and sent to the payee over a twelve-month period. The system only accumulates the payables in the Deductions and Taxes Payable options for the deductions and taxes which are tied to payees (Payee ID field is completed).