I think you misunderstood me. Let’s talk about one paycheck. An employee is set to earn $1000 in salary and $1000 in a bonus. This employee has elected to participate in our Simple IRA plan and has chosen to assign 3% of his salary for his portion. The company has a 3% match. With this in mind, the company match portion should be calculated as $60. Do you follow? However, QuickBooks is calculating the company match portion as $30 on this paycheck. If we remove the bonus to test and see what happens, the Ira amount remains at $30. When we add back the $1000 bonus and remove the $1000 salary, quickbooks calculates the company match at $0.
