Negative checks display incorrectly in some Cash Management reports and tasks. This check will only show in the All tab of Task Reconcile but the transaction won't reconcile with your bank statement. The check will create negative subject-to and taxable amounts if the net is from negative pay. The subject-to doesn’t limit the negative amount. This can cause a tax that has reached the limit to continue calculating beyond the tax limit. The check won’t create negative subject-to or taxable amounts if the negative is from a pretax deduction. Reconciling taxable income from a negative check can cause variances. Negative checks or direct deposits You can't print checks with negative net pay or generate negative direct deposits. Because they don't have a status of Printed, they don't post. Adjust the check so that it doesn't have negative net pay. Negative manual checks You can post negative manual checks in Payroll, but we don't recommend doing this due to the affect on taxable and subject-to earnings. If you're trying to adjust previous earnings and this causes the negative check, void the prior check and reissue it. When you can't void the earlier check, adjust the "negative" check so the net pay is zero. |