Manage State Taxes

Use this screen to provide general information relating to each of the states in which the employer withholds State Income Taxes (SIT) and pays State Unemployment Taxes (SUTA).

Enter the state withholding- and SUTA-related General Ledger accounts and reference numbers in this screen, as well as information relating to the method by which state taxes are withheld, and the tax rate to be used for Income Tax Withholding for Supplemental (Bonus) wages. Also included is information on your company's state unemployment rate and limit. You can also use this screen to specify whether the pay rate must be included on the paycheck or payment advice when the employee’s SUTA state matches the screen State.

Complete this screen when initializing Costpoint, and modify these tables whenever they become outdated, per State publications and the Tax Tables updates. These tables must be current before your first payroll of the new calendar (payroll) year is processed. To modify information for a payroll year that already exists, highlight the applicable field and enter the new data. To add information for a payroll year that does not exist, click and enter applicable information. Refer to the Tax Tables documentation if you withhold on a state that has Miscellaneous filing status for status descriptions. If a state requires pay rates on a non-exempt employee’s paystub, select the Include Pay Rate on Paychecks and Advices check box before printing checks on the Print Paychecks screen or printing advices on the Print Payment Advices screen.