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11. Medicare withholding must be paid. Create adjustments for the Medicare payroll item(s). (Board will need to pay for both Employee and Employer portion of Medicare and . If the district chooses, the employee can reimburse the district.)
- If the employee is responsible for paying their portion of Medicare, the following adjustments will need to be created:
- Go to Core>Adjustments.
- Click Create.
- Enter the Employee, Payroll Item 692, Type of Amount Withheld, a Transaction Date, Amount equaling the calculated Medicare amount, and a Description for future reference.
- Click Save.
- Go to Core>Adjustments.
- Click Create.
- Enter the Employee, Payroll Item 692, Type of Board's Amount pf payroll item, a Transaction Date, Amount equaling the calculated Medicare amount, and a Description for future reference.
- Click Save.
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- If the Medicare is fully board paid (referred to as Medicare Pickup), then the following adjustment adjustments will need to be created:. (Board will need to pay for both Employee and Employer portion of Medicare.)
- Go to Core>Adjustments.
- Click Create.
- Enter the Employee, Payroll Item 001, Type Life Insurance, a Transaction Date, Enter the Amount of the Life Insurance, and a Description for future reference.
- Enter the Employee, Payroll Item 692, Type of Board's Pickup Amount of Payroll Item, a Transaction Date, Enter the Amount of the board pickup, and a Description for future reference.
- Click Save.
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