Use the CTS W-2 Settings screen to establish data that is required for CTS W-2 reporting. The data specified on this screen is required for the CTS year end reporting cycle, and must be saved before you can run the Create CTS W-2 File screen.
You must run this application before executing the Create CTS W-2 File application.
Enter, or use Lookup to select, the federal tax identification for the company for which you are creating the W-2 file. This field can contain up to 20 alphanumeric characters. The company must have a federal tax ID, and must exist in the Set Up Company Info screen in Costpoint General Ledger.
You should set up this information for a federal tax ID if any of the following apply:
You submitted a Form 941 or 943 to the IRS, or W-2 data to the Social Security Administration, and used an EIN different from the specified Federal Tax ID, or
You are a print service customer, or
The specified federal tax ID is assigned to a terminated business.
Enter the former Employer Identification Number (EIN) for the tax year (i.e., the non-current EIN) if you submitted a Form 941 or 943 to the IRS, or W-2 data to the Social Security Administration, and used an EIN different from the specified Federal Tax ID. You can enter up to nine alphanumeric characters in this field.
Enter the secondary company name that will be used on the W-2s printed by CTS. You can enter up to 57 alphanumeric characters in this field.
Select this checkbox if the company associated with the specified Federal Tax ID terminated their business during the tax year.