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Add the Amount the Employee Made Good

The amount made good by the employee is the amount the employee has paid back to the employer for a benefit they received. This amount is deducted from the benefit's cash equivalent value and is used to calculate the benefit's taxable value. To add the amount the employee made good for a benefit in Workmax, follow these steps:

  1. Sign in to your "Workmax" account with an admin account.
  2. Go to the "Expenses & Benefits" section.
  3. Click on the "Benefits" tab.
  4. Select the benefit you want to add the amount made good for.
  5. Select the employee who made good the amount.
  6. Click on the "Edit" button.
  7. Enter the amount the employee made good in the "Amount made good" field.
  8. Click on the "Save" button.

Workmax will now update the benefit with the amount made good by the employee. The benefit's taxable value will be calculated based on the amount made good, and the employee's tax liability will be adjusted accordingly. If you have any questions or need help, please contact Workmax Support.