What are deduction codes?

Deductions are specific codes that employers use to identify withheld wages on pay stubs. Deduction Codes are set up in the database and assigned to employees during implementation.

What is Ermed on my paycheck?

ERMED. Employer contribution to. Medical benefits. REG. Regular earnings for hourly and.

Who owns SPS Technologies?

Precision Castparts Corp.
SPS Technologies Limited/Parent organizations

What are the 5 mandatory deductions from your paycheck?

Mandatory Payroll Tax Deductions

• Federal income tax withholding.
• Social Security & Medicare taxes – also known as FICA taxes.
• State income tax withholding.
• Local tax withholdings such as city or county taxes, state disability or unemployment insurance.
• Court ordered child support payments.

What’s the union code for the paystub deduction?

Common Paystub Deduction Codes Common Paystub Deduction Codes UNION CODES SEIU 503 Deductions for employees represented by SEIU for Dues or Issues deductions SEIU TEMP Deductions for temporary employees represented by SEIU for Fair Share, Dues or Issues deductions OPEU/ASSOC Deduction for SEIU Associate members

Are there any tax deductions for payroll?

In any payroll, there is always a certain portion paid out toward an employee’s income e.g. Regular Wages, and a certain portion that is deducted from an employee’s income e.g. Mandatory Federal, State & Local tax deductions.

Where do I find the code for payroll?

Payroll codes are shown on Payroll Warrant Registers, Payment History (HIST On line System, ) Statement of Earnings and Deductions, and numerous reports. Listed below is the index of payroll codes and the paragraph number for each code. PAYROLL CODE PARAGRAPH NUMBER Account Receivable Code 014.2

Where can I find the benefit deduction code?

Benefit Deduction Codes Code Short Description Long Description ACR AcctRecv Accounts Receivable ADC DCSA Dependent Care Spending Acct AHC HCSA Health Care Spending Account BLF BasLife Basic Life Insurance