Percent of Wages Option
Select the % of Wages option to distribute withholdings across multiple state or tax locales established at the employee-level. For each locale, you designate a percentage of an employee's total wages on which to calculate withholdings.
When to Use This Option
You may want use this option if:
-
The employee performs work in more than one state or tax locale, but the breakdown is not linked to specific projects.
-
You want to track wages and withholdings by locale for a salaried employee who works on multiple projects in different states, but does not fill out timesheets.
-
You want to track wages and withholdings by locale, but you do not want to enter a project locale in every project record.
How Vision Works with This Option
When you select this option, Vision uses the information entered on the Payroll tab of the Employee Info Center. Enter one or more employee withholding codes for each employee in the Withholding grid on the Payroll tab of the Employee Info Center. All state and local entries in the Withholding grid display in the State/Local Tax Jurisdiction grid. You specify the percent of total taxable wages to which you want to apply each withholding in the State/Local Tax Jurisdiction grid. Vision ignores information entered in the Payroll Tax Locale field in the Project Info Center.