KB15-005
Create the Payroll Code for the Withholding
- Full payroll menu
- Setup Column
- Payroll Codes
- + New
- Set the withholding up with all needed information
Set the Posting Setup for G/L Posting
- Full payroll menu
- Posting Setup
- Withholdings / Deductions
Set up the Local Tax Rate / and Wage Limit if needed
- Full payroll menu
- Periodic Activities column
- Periodic Processing…
- Local Tax Rate / Limit Update
- Options group
- Action – Add / Modify / Delete
- Type – Local Tax
- State Abbreviation
- Payroll Code – Withholding code created for this taxation
- Local Tax Code – Additional code for Tax Reporting
- Local Tax Description – Description of tax code
- W2 Locality Code – Code to report on the W-2
- Year effective
- Effective date will populate based on Year selection
- Local Tax Percentage
- Local Tax Type – Locality or School District
- Tax Percent – percentage of tax (i.e. 1.5% is 1.50)
- Earnings Lower limit if needed
- Earnings upper limit if there is a cutoff of taxable earnings
- Employee Withholding – On for yes, Off for no
- Employer Tax – On for ER Tax, Off if not
- State WH Allowances Apply – On if yes
- Resident Tax – Defines if this is available on Resident box on state card. On for resident. Off for Work Locality.
- Options Group
- Options group