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Nov 03, 2010 at 03:27 PM

/BT1 NOT GENERATED FOR IMPUTED INCOME DURING PAYROLL

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Hello All

we have configured an Insurance plan for GTL and it is subjected to imputed income. If the converage amount is greater than 50,000.00$ then amount greater than 50,000.00$ is subjected to tax and is related as imputed income.

All the tax rates for imputed income are age dependent and their respective rates are stored in the config.

An employee is enrolled into GTL insurance plan and converage amount is greater than 50000.00$. When we ran the payroll for this employee, /GT1(Imputed Income) wage type is not generated for this employee.

Please advise.

Regards

Vijay