Deduction and Benefit Codes: Configuration Prerequisites

Before you start creating deduction and benefit codes, you must be sure that the system has been configured properly and that all required entities have been created, as described in the following sections.

Enabling the Needed Features

On the Enable/Disable Features (CS100000) form, the Payroll feature has been enabled.

Configuring the System

The following tasks have been performed in MYOB Advanced:

On the Payroll Preferences (PR101000) form, the numbering sequences have been specified and saved to the system.
On the Chart of Accounts (GL202500) form, necessary GL accounts have been created.
On the Vendors (AP303000) form, necessary vendors have been created and set up.
On the Tax Maintenance (PR208000) form, taxes have been defined and brought up to date.
On the Earning Type Codes (PR102000) form, necessary earning types have been defined.
On the Workers' Compensation Codes (PR209800) form, all needed WCC codes have been created.