10
LOCAL TAX PROBLEM
8/19/09 1:22 PM
Total Views: 282
Total Views: 282
The Local Tax pulldown that I am using for Birmingham, Al is doubling the amount of liability. What could be the problem?
All Replies: Answers (1)
I don't have enough information to direct you to an exact solution. Generally speaking, you should double check the following areas:
- Access the tax table and review the formula to make sure the percentage is correct.
- In the Main Employee Update screen, check the Exemptions and Extra Withholdings section for extra amounts entered. This will affect the withholding.
- If you are looking at an account balance where the tax liability posts:
- Carefully review the payroll distribution report to determine which entries need to be reclassified to another GL account.
- Access the Manual Processing screen for the affected payroll checks and override the posting account by clicking in the account field and changing it to the correct one.
- Also change the GL accounts on the Employee's Earnings Records screen.
- Repost the payroll journal if automatic posting is not in use.
