Comprehensive Payroll Solutions: Plus & Minus Supports All 50 States and Puerto Rico
Welcome to our detailed overview of the Plus & Minus payroll function—an advanced solution designed to streamline payroll management across various needs and regulations. Our system offers comprehensive support for payroll processing in all 50 states and Puerto Rico, accommodating both union and certified (government contract) payrolls with ease. Whether you’re managing complex accounts payable or navigating intricate pay types and tax structures, Plus & Minus has you covered.
In this guide, we’ll explore the key features of Plus & Minus, including its support for a broad range of pay types, customizable tax tables, and flexible deduction options. Discover how our system’s robust distribution methods and real-time reporting capabilities can enhance your payroll operations. Plus, learn how Plus & Minus integrates seamlessly with third-party time systems and provides essential features such as worker compensation calculations and union payroll management.
Dive into the details to see how Plus & Minus can transform your payroll process, ensuring accuracy, efficiency, and compliance.
Accounts Payable
You can track accounts payable by invoice number and relieve by invoice number. Transaction history stays maintained indefinitely.
Pay Types
There are twelve pay types:
- Regular
- Overtime
- Double time
- Salaried
- Commission
- Miscellaneous
- Piece
- Vacation
- Holiday
- Sick
- TIPS
- Reimbursement (non-taxable)
Taxes
You maintain your own tax tables. Plus & Minus updates the federal tables in December of each year.
Tax Authorities
Supported:
- Federal
- State (50 states, Washington D.C., Puerto Rico, and the Virgin Islands)
- Local (user-defined)
- District (user-defined)
- EIC (Earned Income Credit) (currently not used)
- Extra FIT, SIT, or LIT
- Fix FIT rates for a pay session (bonuses)
Deductions
Plus & Minus supports 20 deductions. For child support deductions, you can pay the spouse, court trustee, or attorney general.
Recurring deductions repeat every pay period. They can be fixed, percent of gross, percent of net, amount times regular hours, amount times total hours, with year-to-date limits and advance stops.
- CODA – Sec 401(k) or Sec 403 (d): Cash or deferred arrangement (reduces FIT)
- CAFE – Sec 125 (Cafeteria): Reduces Medicare, FICA, and FIT
Distributions
Plus & Minus distributes labor costs in four ways:
- Direct: Up to 100 cost centers per check
- Indirect: Via formulas
- Burden rate: Taxes and overhead added to direct or indirect
- Method: 32 method formulas for union payrolls
Features
- You can write paper checks, MICR checks, or ACH (Automated Clearing House)
- Payroll costs add real-time to all reports
- Stores employee data indefinitely
- Automatically accrues vacation and sick hours earned
- You can import time data from 3rd party time-gathering systems
- Handles Worker Compensation calculations for class of work performed
- Certified payroll (with prevailing wage)
- Union payroll (up to 36 trust funds)
- You can enter pay data manually, stack files, timesheet, Excel, or 3rd party time gathering systems
- You can Void payroll checks before release and reverse payroll checks not cashed
- You can report Worker Compensation in ten categories
- 3rd party payroll is available through Plus & Minus partners, who can service payroll through the internet