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Employer Medical Insurance Costs posted to GL

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scuba80
Advanced Member
Posts: 35
Advanced Member
2/25/2014 4:46 PM
    Starting in 2014, employer medical insurance premiums are now being tracked in Lawson to report on W2. Prior to this, ther was a manual work around and the employer costs were not in the sysytem. Now that the employer premiums are in Benefits they are posting to the GL causing an astronomical increase to our payrol expense. Is there a way to shut those codes off so they do not post to the GL but we still can report on them.
    BShort
    Basic Member
    Posts: 13
    Basic Member
    2/25/2014 5:00 PM
      You cannot stop it from posting to the GL. We have had the employer portion go to our GL as well and we are self funded. To have it not impact the GL you will need to go to PR05.1 and go to the deduction code. Then on the "more" tab for the accrual account and expense account input the same accounts for both. This way when it does hit the GL they will debit and credit the same account and create a zero dollar impact. We have ours going to a balance sheet acocunt that is very obvious in case something happened. Good luck.
      scuba80
      Advanced Member
      Posts: 35
      Advanced Member
      2/26/2014 8:40 PM
        Thanks - Mike