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Payroll order of precedence for deductions from gross pay
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We would like to change the order of precedence for deductions from gross pay. We are not using iterative processing, therefore, it is my understanding that we need to change the processing priority at the element level. Here is the challenge:
We need to start with a few pre-tax deductions, next a few involuntary deductions, then back to the remainder of pre-tax deductions and finally voluntary deductions. With that in mind, here is our current processing priority by classification:
Pre-tax: 4750
Involuntary: 7500
Voluntary: 8500
If I am to have a few pre-tax elements go first, would I change the element's processing priority to something like the following:
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