Hi there, simon9.
The option to set up a Pay Schedule for Deductions that automatically expires for one pay period is unavailable. You'll need to manually remove the deduction amounts for each employee when creating a payroll transaction for a new pay period.
For more details about deductions, just go to Set up deductions and contributions section in this article: Payroll tutorial: How to turn on and set up payroll.
I'll share your product suggestion with our Product Development Team regarding with deduction setup that expires for one pay period.
You can always visit the Community if you need anything else.