Error with Payroll Taxes
Summary
Employee Taxes are not calculating correctlyContent
We are seeing an issue with payroll taxes - specifically FICA.
Some employees are correctly calculating and some are not. For several employees it appears only tier 2 is calculating, wages * 1.45%. The first tier of 7.65% up to 132,900 is being ignored.
I can't find anything common among the employees with variances. While we did add a new custom earnings component - the issue exists for employees that have the new bonus and for those that don't. Approximately 40% of the employees have a variances for FICA taxes.
Oracle has logged a bug 30259942 - EPBCS - RCA - TAXES CALCULATION IS NOT WORKING IN WORKFORCE MODULE
Tagged:
0