Log in

View Full Version : Fica & Medicare deductions are not correct %



depewmilk
07-20-2009, 08:31 PM
We have been using Paywindow since mid April. When completing our quarter end reports last week our CPA noted that the program seems to calculating the FICA & medicare taxes incorrectly. He says they should be pretty straightforward at 6.20% & 1.45% respectively. But here are a few examples of the results...

***** PayWindow ***** **** Our Calculations ****
Gross Gross
Earnings Fica Medicare Earnings Fica Medicare
1,700.00 105.33 24.63 1,700.00 105.40 24.65
1,180.00 73.09 17.09 1,180.00 73.16 17.11

It seems all employee figures come up a little short, and not all be the same amount or %.

I am running the most current version and tax table. And I also checked the federal tax tables... they show 6.20 and 1.45... Is there something else I should be checking?

Paul Mayer
07-20-2009, 08:50 PM
Did you enter any year to date or old payrolls manually when you started using PayWindow? It's possible that the entering of data may be the base of the problem. The 941 Form audits your entries and if any are off, they show up in that report.

I can look at your data to see if I can spot the problem if that's not it. See the instructions here and reference this FAQ when sending the database backup:

http://zpay.com/vbulletin/showthread.php?t=1449

We'd have a lot of messages here if there were a problem as we have well over 5,000 users and I have not had any problems like that at all.