This page (revision-3) was last changed on 26-Nov-2021 10:22 by jmyers

This page was created on 26-Nov-2021 10:22 by jmyers

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Version Date Modified Size Author Changes ... Change note
3 26-Nov-2021 10:22 2 KB jmyers to previous
2 26-Nov-2021 10:22 5 KB jmyers to previous | to last
1 26-Nov-2021 10:22 3 KB jmyers to last

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Symmetry Set Up - SC
Symmetry Set Up - SC

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At line 4 changed 6 lines
!!Rhode Island State Tax Calculation
|44-000-0000-SIT-000|Rhode Island State Tax
|44-000-0000-ER_SUTA-000|Rhode Island State Unemployment Tax
|44-000-0000-ER_SUTA_SC-030|Rhode Island Job Development Surcharge
|44-000-0000-SDI-000|Rhode Island SDI
When [UPUTR] is run with a list of [IDTX] jurisdictions, since there are no taxes applicable at the Local level, there are no other entries on [IPUTR].
!!South Carolina State Tax Calculation
On [IPUTR], there is a list of applicable taxes to be calculated for the State of South Carolina:
|45-000-0000-SIT-000|South Carolina State Tax
|45-000-0000-ER_SUTA-000|South Carolina State Unemployment Tax
|45-000-0000-ER_SUTA_SC-032|South Carolina SUI Admin Contingency Assessment Tax
At line 12 changed one line
!RI – IPRLU Set Up
!SC – IPRLU Set Up
At line 16 changed one line
|FILINGSTATUS|Mandatory\\'S'-single, 'M'-married, or 'MH'-married but w/h at higher single rate
|FILINGSTATUS|Mandatory\\'S'-single, 'M'-married, or 'MH'-married but w/h at higher single rate.
At line 18 removed 2 lines
The [IPRLU State|IPRLU#StateTab] tab ‘SDI EE Method’ must be set up in order to calculate State Disability Insurance for Rhode Island.
At line 22 changed 10 lines
!RI – IPPC / PC Usages
[IPPC] – Set up Pay Components by PC Usages
\\
In order to calculate the following taxes, a pay component must be set up in [IPPC] for these PC Usages:
||Usage||Description
|6721|SDI tax deduction
|7530|RI-Job Development Fund
\\
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!RI – ER SUTA Rate
!SC – ER SUTA Rate
At line 37 changed one line
#*This rate is applicable for the entire company within the State of Rhode Island.
#*This rate is applicable for the entire company within the State of South Carolina.
At line 42 changed 7 lines
!RI – SDI Rate
Rhode Island State Disability Insurance is withheld from employee wages as a percentage of the employee’s taxable earnings until a wage base has been reached. This calculation may be bypassed on [IPUTR] with ‘Do not Calculate’ or [IPRLU] ‘SDI EE Method’ = ‘Do not Calculate’
\\ \\
There are two options to set up SDI Rate by state:
#IPUTR - The default EE SDI Rate is supplied on the Tax Rate field.\\ \\If there is a different EE SDI Rate, the SDI EE that is given by the Government can be entered on the Override Tax Rate field.
#[IDGV] - If there is a specific rate given by the government for different State Registration #, then enter on [IDGV] by ‘Reg Type’; this overrides the [IPUTR] rate.
\\
!SC – IPPC / PC Usages
[IPPC] – Set up Pay Components by PC Usages
\\
In order to calculate the following taxes, a pay component must be set up in [IPPC] for these PC Usages:
||Usage||Description
|7540 State SUI|SC-SUI Admin Tax
\\
At line 50 changed one line
!RI – Special Taxes
!SC – Special Taxes
At line 53 changed 4 lines
By default, the following tax will be calculated unless the [IPUTR] ‘Do Not Calculate’ toggle is checked or [IPRLU] ‘SUI ER Method’ = ‘Do not Calculate’
;Rhode Island Job Development Surcharge:The wages that are used to calculate this tax is the same wages that are used for ER SUTA
\\
;South Carolina SUI Admin Contingency Assessment Tax:By default, this tax will be calculated unless the [IPUTR] ‘Do Not Calculate’ toggle is checked or [IPRLU] ‘SUI ER Method’ = ‘Do not Calculate’
At line 58 removed 16 lines
!RI – UPCALC Example
[Symmetry Set Up - RI_01.jpg]\\ \\
|PC 8046 Res SIT Earn|= 3004.25
|PC 6045 Res SIT|= 121.57
|PC 8056 Res SSP Earn|= 918.95 x 7 %
|PC 6052 Res Supp Tax|= 64.33
| |
|PC 6703 SUI ER Contr|= 3923.20 x IPUTR 44-000-0000-ER_SUTA-000 Override Tax Rate 0.103
| |= 404.09
| |
|PC 6721 SDI EE|= 3923.20 x IPUTR 44-000-0000-SDI-000 Tax Rate 0.013
| |= 51.00
| |
|PC 5430 RI-Job Development Fund|= 3923.20 x IPUTR 44-000-0000-ER_SUTA_SC-030 Tax Rate 0.0051
| |= 20.01
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At line 48 added 7 lines
This page (revision-3) was last changed on 26-Nov-2021 10:22 by jmyersTop