Tax Liability Report FICA Calc Error

[greenthumb]

Guys,

Tax liability report does not cacl. the EE FICA correctly. Please see attached file.

Any help would be appreciated.

Jim

[Paul Mayer]

It appears that you did not update PayWindow until your employees were paid and taxed at the higher rate as that is the sum of what is stored in the transactions data table. Of course I am assuming that you do have the current release of PayWindow installed as in early releases, there was a problem with that report. The 941 form should display the amount that was over collected from the employees in the "Fraction of Cents" line.

[greenthumb]

Paul,

Thank-you for your quick response.

You are correct. I did not catch the new FICA change until after the 1st quarter was finished. That left me with changing the rates, (which I did) and then deleting the wrong checks, inputing new checks with correct amounts. I ran reports and it all look ok.

The 2011-2 quarter I ran transactions and reports. I noticed that the calculation of FICA did not work. 4.2% of the wages did not compute. Then I started looking for an update. I downloaded the latest update and ran the report again. I guess I expected it to compute correctly. However, it did not.

So I am left with this problem. Can you see a step by step approach how I can get the report to be correct or another way out of this problem?

Thx.

Jim

[Paul Mayer]

I'm guessing that you never downloaded the update until after all of those payrolls maybe? Meaning you never had the software with the new 2011 FICA changes?

Make a backup of your company file and email it to me so I can open it in Access to see if I can tell what really happened. See this FAQ to send me the backup:

http://zpay.com/vbulletin/showthread.php?1449-How-to-Send-us-your-Backup-Database

Reference this message thread in the email.

[Paul Mayer]

I received the database, you actually used the wrong rates and have deducted 193.28 too much from your employees. Just to show you some that are calculated incorrectly see the attached image. The payrolls on 4/30 and 5/31 are over taxed.

142

[greenthumb]

Paul,

Thanks for pointing me in the right direction. I figured it out.

Jim