Set Up General Company-wide Payroll Settings
Establish company-wide settings for your Payroll.
If your firm uses Multicompany, you establish these settings for each company.
To establish general company-wide payroll settings, complete the following steps:
- From the Vision Navigation menu, click .
- On the General tab of the Payroll Setup form, specify the W-2 Year, the Payroll frequency, bank accounts, and other basic information.
- Optional. On the Checks tab of the Payroll Setup form, select Print Social Security number on paychecks if you want to print employees' Social Security numbers on their paychecks.
- In the Account field on the FICA tab, specify the account that is debited during payroll processing for your company’s portion of FICA expenses.
- Optional. Use the Post FICA to AP Voucher option to specify that you want to post the employer's portion of the FICA contribution as a journal entry.
- Optional. Click the Other Pay Setup tab to specify Other Pay accounts and settings.
- Click Save.