Accruing employer portion of retirement

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PennyR
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Joined: Wed Sep 12, 2018 1:33 pm

Accruing employer portion of retirement

Post by PennyR »

Employer portion of retirement is 10% of salary, including housing allowance. Through November 2019 this calculated correctly. Beginning in December, the housing allowance was no longer included in the PowerChurch calculation. We have the retirement set up as an Employer Liability and it is set to calculate 10% of salary.

Has anyone else noticed that PowerChurch changed how it calculates this? Have you figured out a work-around?
Thanks

NeilZ
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Re: Accruing employer portion of retirement

Post by NeilZ »

PennyR wrote:
Fri Sep 11, 2020 3:58 pm
Employer portion of retirement is 10% of salary, including housing allowance. Through November 2019 this calculated correctly. Beginning in December, the housing allowance was no longer included in the PowerChurch calculation. We have the retirement set up as an Employer Liability and it is set to calculate 10% of salary.

Has anyone else noticed that PowerChurch changed how it calculates this? Have you figured out a work-around?
Thanks
Your's is the first notice of this issue. I'll flag this for the techs, but they probably won't see this until Monday.

FWIW ... I've always figured the retirement based on 10% of the annual package, budgeted that, divided by 26 pay periods, and just entered the number and took the calculations out of the program altogether.
Neil Zampella

Using PC+ since 1999.

Zorak
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Re: Accruing employer portion of retirement

Post by Zorak »

Take a look at the Maintain List of Employees screen. Locate that employee, then click on the Pay Items tab. Double click the employer retirement item. How do you have that set up? Is it doing a percentage calculation or an amount?

The percentage calculation on the employer liability item only includes taxable income and not the housing allowance. I've tested this functionality through all of the versions since the Payroll redesign in Version 11 (2009), 11.5 (2012), and 12 (2017) and it hasn't changed.

It sounds like you may have previously had this item processing an amount and it was then changed to a percentage.

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