29.6.1 Fixed Deduction

A fixed deduction is one in which an equal amount is taken from each check regardless of the gross pay. An example of this might be a savings plan:


In this example, employees would authorize a certain amount to be taken out each month. The default amount is $50. The accrued ledger/account is gl/237. Notice that this is an employee deduction, therefore the Expense Ledger/Account fields are left blank.