Doubling Discrepancy in FICA

[huselton1]

Any idea why our Employer Total Report show a doubling error for the 941? It doubles the amount of 1164.90 x 2 (Employee + Employer) and gets 2339.97 which is a 10.17 difference. The amount is correctly listed before doubling FICA as 1164.90. Thank You.

[Paul Mayer]

The 941 Form Audits your saved transactions and if you made an error such as paying a person and calculating the taxes, but hen editing and saving before recalculating the taxes it will show the problem in the fraction of cents line. See this FAQ for all known types of mistakes that cause that:

http://zpay.com/vbulletin/showthread.php?3274-941-Form-Numbers-Do-Not-Match-Employer-Totals-Report

[huselton1]

Hi. Not sure we are on the same page here. I use the Employer's Totals report to act as a check system for Quickbooks amounts. On the Zpay report, the amounts match for both employer and employee and are correct at 1164.90 but when the report doubles it for the total payment it gets 2339.97 instead of 2329.98.

[Paul Mayer]

I am not understanding what you are saying when you said doubles. When the report doubles what?

The employer totals report does not double any figures. It pulls data from the employee transactions and calculate other information on the fly by math.

An example is FICA, we pull in the saved FCA from the employee records, but the employer share is no saved so we do the match against the taxable wages to get that amount.

That's how we can audit your saved transactions with the 941 form as it will be different if you did any one of the things I that FAQ I showed you.

[huselton1]

I see what happened. I adjusted the pay for an employee but failed to change the taxable wage at the top left. Not sure how I managed to calculate it without doing it. Maybe I typed the info in from a paper report. Oh well. Thanks.