This page (revision-66) was last changed on 26-Nov-2021 10:22 by Karen Parrott

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

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Version Date Modified Size Author Changes ... Change note
66 26-Nov-2021 10:22 37 KB Karen Parrott to previous
65 26-Nov-2021 10:22 35 KB kparrott to previous | to last
64 26-Nov-2021 10:22 35 KB jescott to previous | to last
63 26-Nov-2021 10:22 35 KB jescott to previous | to last
62 26-Nov-2021 10:22 35 KB jescott to previous | to last
61 26-Nov-2021 10:22 34 KB jescott to previous | to last

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At line 37 changed one line
|6051|Fed|UFWTERN|Regular earnings subject to Federal Withholding Tax (annualized / table method).\\Must exclude Supplemental earnings|Legacy|Yes
|6051|Fed|UFWTERN|Regular earnings subject to Federal Withholding Tax (annualized/table method)\\Must exclude Supplemental earnings|Legacy|Yes
At line 39 changed one line
|6053|Fed|UFTWT125|125 plan contributions exempt from Federal Withholding Tax\\Mandatory if 125 is applicable\\ Pay Component must be set up\\IPPC Store Results - optional|Legacy|No\\*Except for Vtx to STE clients
|6053|Fed|UFTWT125|125 plan contributions exempt from Federal Withholding Tax\\ Pay Component must be set up\\IPPC Store Results - optional\\*See Section 4 for new ‘benefit type’ method used by STE, this usage was used by Vertex. |Legacy|No\\*Except for Vtx to STE clients
At line 281 changed one line
!!PC Usages – Benefit Types
!!PC Usages – Benefit Types
At line 296 changed one line
!Federal Benefit PC Usages – 125, 401K, 403b, 457 etc
!Federal Benefit PC Usages – 125, 401K, 403b, 457 etc
At line 318 changed one line
!State Benefit PC Usages – 125, 401K, 403b, 457 etc
!State Benefit PC Usages – 125, 401K, 403b, 457 etc
At line 341 changed one line
!Benefit PC Usages – Set Up Requirement
!Benefit PC Usages – Set Up Requirement
At line 360 changed one line
*It is advised that you switch to using the new Symmetry Benefit Types if your company offers a variety of the plan exemptions that were originally housed together in the 401k type element (ie: 401K & 457). This is advised since Symmetry requires the UPCALC to pass in the CTD and YTD value for each of the benefit types supported. If you continue to use the Vertex method and have an employee who has both a 401K and 457 for example, if the 401k element YTD reaches the annual contribution limit for 401K, the employee’s Federal and State earnings will no longer be reduced by the 401k and 457 amounts as the system will think the employee has reached the 401K annual limit when in fact he/she hasn’t.
*It is advised that you switch to using the new Symmetry Benefit Types if your company offers a variety of the plan exemptions that were originally housed together in the 401k type element (ie: 401K & 457). This is advised since Symmetry requires the UPCALC to pass in the CTD and YTD value for each of the benefit types supported. If you continue to use the Vertex method and have an employee who has both a 401K and 457 for example, if the 401k element YTD reaches the annual contribution limit for 401K, the employee’s Federal and State earnings will no longer be reduced by the 401k and 457 amounts as the system will think the employee has reached the 401K annual limit when in fact he/she hasn’t.
At line 367 changed one line
On IPPC, user can optionally turn ON the ‘Store Results’ toggle to store the amounts on ‘Pay Amounts’ Tab. This Pay Component will be stored on IPPH ‘Pay Jurisdiction’ Tab regardless of the ‘Store Results’ toggle.
On IPPC, user can optionally turn ON the ‘Store Results’ toggle to store the amounts on ‘Pay Amounts’ Tab. This Pay Component will be stored on IPPH ‘Pay Jurisdiction’ Tab regardless of the ‘Store Results’ toggle.