Summary
This article outlines a manual workaround for WCB deductions not calculating on non-taxable benefits in Sage 50 by summing the benefits over a period and adjusting WCB accounts via journal entries or new account creation, as automatic calculation is not available.
Resolution
- WCB deductions apply to incomes configured in Sage 50, including federal tax calculations under Setup, Settings, Payroll, and Incomes.
- The default benefits income line in Sage 50 is not set to calculate WCB.
- There is no automated solution within the system for this issue.
Workaround:
- Calculate the total of the non-taxable benefits for all paychecks within the WCB remittance period.
- Determine the WCB amount based on this total.
- Options for adjustment:
- Record a general journal entry to adjust the existing WCB account
- Alternatively, create a new WCB payable and expense account to reflect the calculated amount
- For detailed instructions:
- Refer to Set Up User-Defined Expenses For Payroll
- To set up payroll remittances, consult How to set up the payroll remittance? to integrate the new WCB account with your current payroll remittance processes
Action:
- Proceed to remit the WCB balance as calculated.