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Payroll posting date 12/31/2024 Creates over-limit contributions

  • January 9, 2025
  • 1 reply
  • 43 views
D
Freshman II

Payroll AA-2024 (this was the exception so that 2024 would only have 26 pay periods) was supposed to have posted 1/1/2025, but I posted 12/31/2024. I did not realize the problems that would be created.

W-2s are going to report pre-taxed contributions that reduced the federal taxable wages and may cause over-the-limit contributions to HSA accounts and 457 deferred comp plan. 

Is there a way to change the posting date?

Should I delete the 12/31/2024 payroll and re-run on 01/01/2025 (major hassle)? 

Please help!

Denise

Best answer by Sonia Echols

Hi Denise,

This issue occurred because your transaction date would have fallen on a holiday 1/1.  When you create your pay periods you have the option to have the transaction date to fall on or after a holiday.  

You can still change the transaction date. 

If you need help, please open a support case.  

Thank you,

Sonia Echols

    1 reply

    Sonia Echols
    Acumatica Moderator
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    • Sonia Echols
    • Acumatica Moderator
    • Answer
    • January 10, 2025

    Hi Denise,

    This issue occurred because your transaction date would have fallen on a holiday 1/1.  When you create your pay periods you have the option to have the transaction date to fall on or after a holiday.  

    You can still change the transaction date. 

    If you need help, please open a support case.  

    Thank you,

    Sonia Echols

    Best,
    Chris Hackett
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