We pay 100 % of Health Insurance for our employees. Set up under Employer contributions to reflect on each employees pay stub. Our Premium renewed in March not the beginning the new year. We received a rate increase as of March 1rst. How do I change the new rate to reflect on employee paycheck with out changing the old rate that we had in January & February? We pay employees bi-monthly and health insurance monthly.
I can provide you with some additional insight into what you should do to change the rate of insurance without deleting the old information. Creating a new payroll item and the rate will do the trick. Afterward, you can delete the old payroll item out of the employee's payroll information. Here's how:
Create a New Payroll Item
Select the Lists menu.
Choose Payroll Item List.
Press the Payroll Item drop-down arrow and pick New.
Follow the on-screen instruction on how to create the payroll item.
Delete Old Payroll Item From Employee
Note: This will allow you to still see the old payroll item information in the payroll item list.
Go to the Employees menu.
Find Employee Center.
Double-click on the employee you need to change.
Pick the Payroll Info section.
Under "Additions, Deductions, and Company Contributions," click on the old payroll item and backspace until removed.
Press OK to save.
That's it! Below is an extra link that can help you out with different items within your account.