Thursday, January 10, 2013

US Payroll Updated Information

1. Microsoft is still on target to release 2013 Round 2 Tax Update by Friday, January 11th.
2. People are asking......"How can we run payroll? And on the check registers, the employee social security does not exactly match the employer social security. It is off by pennies (both at 6.2 rate)."

Example Below:

This is OK.  It is due to how we have "rounding" code in the employee side, but not the employer.  This will be changed to make sure both amounts match when the rate is the same.

This will be in the January Hotfix due out at the end of week 1/21/2013 for GP2010 and GP2013.

If you have any questions, please contact support@collinscomputing.com or call (888) 391-6690.